German economic confidence strengthened to the highest level since 2015, survey results from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. more...
EUR/USD is trading at the crossroads ahead of a couple of ZEW Economic Sentiment data, most important of which for Germany and the Eurozone as a whole. Let’s take a look at the fundamental factors first. German ZEW Economic Sentiment – Forecast: 18.2, Previous 27.1 Eurozone ZEW Economic Sentiment – Forecast: 41.3, Previous 48.1 ...
We ended a week of central bank announcements (BoE, ECB, RBA, BoJ) with heightened geopolitical tension, which propped up the USD, and even more so, the JPY. *What will be the key fundamental factors this week? Key releases will start after a light Monday. Tuesday: Eurozone ZEW Economic Sentiment (Aug.). Forecast: 41.3, Previous 48.1 German ZEW Economic Sentiment (Aug.). Forecast: 18.2, Previous: 27.1 ...
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