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In focus today The main data print is the German ZEW Economic Sentiment index for March which is set to release at 11:00 CEST. Consensus expectations are sharply to the downside at only 9.5, presumably due to the ongoing trade war turbulence. In February, the assessment of the current economic situation rose to 51.6 following […]

The post German Economic Sentiment Set to Face a Sharp Decline Amid Tariff Turmoil appeared first on Action Forex.

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Europe’s Opening Bell: Futures Point to Weakness in Europe, Gold Eyes Further Gains, GBP/USD Hits October 2024 Highs

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24/09/2024

EURGBP Sinks to the Lowest Since 2022

EURGBP resumes downtrend, falls rapidly to 2½-year low Oversold signals detected, price trades at the bottom of a channel EURGBP plummeted to a 2½-year low of 0.8316 but held above the support line of the almost one-year-old bearish channel, fueling hopes that the bulls could still find a footing. It is important to exercise caution […]
21/02/2025

Weekly Focus – Important Euro Data Coming Up

Geopolitics dominated the news flow again this week but overall had limited market impact. The US held peace talks with Russia in Saudia Arabia leaving EU and Ukraine out of the talks. And during the week the relationship between US President Donald Trump and Ukranian President Volodymyr Zelensky clearly worsened culminating with Trump clearly putting the responsibility for […]
20/11/2024

Bitcoin Price Holds Steady as Bulls Set Sights on $100K

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