This is the latest news for you who want to trade in the European session

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 The weakness of the greenback dollar continued until the European session although at first it showed a slight increase in the previous session.


The dollar index, which measures the strength of the greenback dollar against a basket of major currencies, fell to 90.82, but still hovered above the six-week high it reached on Monday.


The decline has supported euro trading to return to positive trading in the European session after being hit by disappointing German retail sales data following the implementation of stricter coronavirus restrictions in the country.


Risk sentiment is boosted by developments on the US $ 1.9 trillion stimulus package, which Democrats are trying to approve even without Republican support.



Earlier, a meeting between Republican Senator and President Joe Biden ended with no agreement reached even though discussions on the new proposal by the party were said to be very productive.


However, according to President Biden, the proposed alternative stimulus plan does not seem to be able to cope with the impact of Covid-19 which has hit the country's economy.


Meanwhile, the pound continued to rise higher as the market entered the European session, driven by UK efforts to increase coronavirus vaccination to support economic recovery.


The kiwi dollar also made a profit with the market focus now focused on the publication of New Zealand employment data which is expected to decline slightly in December and the unemployment rate is expected to rise to a 5-year high.

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