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Nov 12 - 08:36 AM
EUR/USD - Germany's Great Expectations Are Bearish EUR/USD
First appeared on eFXplus on Nov 12 - 06:25 AM
  • Germany's ZEW survey -2.1 in Nov. Way above -13 f/c and prior -22.8

  • Current conditions barely changed. All the improvement based on hope

  • German investor sentiment jumps on positive trade developments nAPN076FB2

  • Hope supports risk appetite, does not change interest rates

  • Stronger risk appetite and current rates will weigh EUR/USD nL2N27S077

  • ECB QE restarted Nov 1. EUR/USD likely to reach daily cloud base 1.1064







EUR/USD daily Click here

Source:
Refinitiv IFR Research/Market Commentary

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