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Feb 16 - 06:55 AM

EUR/USD - Big ZEW Beat Boosts EUR/USD Above A Big Level

By Jeremy Boulton  —  Feb 16 - 05:10 AM
  • Germany's ZEW 71.2 in Feb from 61.8 and way above 59.6 f/c

  • Eurozone jobless rate -2.0% from -2.3%, and vs -2.2% f/c

  • Eurozone Q4 GDP -5.0% yy vs -5.1% f/c. -0.6% qq vs -0.7% f/c

  • EUR/USD rises to 1.2157 EBS in reaction above 55-DMA at 1.2153

  • 20-Day Bollinger bands 1.2210-1.2105 should determine EUR/USD range


EUR/USD Click here

Source:
Refinitiv IFR Research/Market Commentary

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