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Oct 18 - 06:55 AM

EUR/USD - REFILE-BUZZ-ZEW Beat Could Lift EUR/USD

By Jeremy Boulton  —  Oct 18 - 05:10 AM

Adds chart

  • German ZEW -59.2 in Oct vs -65.7 f/c and prior -61.9

  • Germany is at the heart of euro's problems

  • Data has potential to lift EUR/USD

  • For EUR/USD traders to make money something has to change

  • Tumbling gas prices may help euro

  • One carry trade should prosper in current environment

Source:
Refinitiv IFR Research/Market Commentary

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