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Posts Tagged ‘Economic’

EUR’s Trends to be Set by German ZEW Economic Sentiment

November 27th, 2009

The EUR’s trends for the upcoming day are likely to be set by the outcome of the German ZEW Economic Sentiment publication at 10:00 GMT. The forecast is 58.9, versus the 56.9 previous result. A result matching the forecast, or even better is likely to boost the EUR. Therefore, we could see the EUR/USD cross [...]

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Author: Categories: Currencies Tags: , ,


EUR Gains on Economic Recovery Optimism

November 27th, 2009

The EUR strengthened for the first time in 3 days versus the Japanese yen on speculation the European Central Bank (ECB) will decide as soon as next month to stop some of its emergency stimulus measures. The European currency also gained strength against the U.S dollar on speculation the Federal Reserve will keep its stimulus [...]

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Author: Categories: Forex Trading Tags: , ,