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European Open: EUR/USD holds above 1.0700 ahead ZEW sentiment report
EUR/USD is trading within a tight range ahead of today’s ZEW report, which suggests we could be facing a breakout of it (one way or another).
Eurozone stocks face bumpy road ahead
It is becoming difficult for investors to justify maintaining an optimistic view on the stock markets given a challenging macro outlook - and not just in the Eurozone
European Open: The euro perks up ahead of German ZEW report
Whilst EUR/USD remains within a 150-pip range, momentum has turned higher form the midway point and hints at a run for 1.0600.
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European Open: EUR/USD Higher Ahead of Trade Data and CB Speakers
Data is finally picking up this week, with German trade and economic sentiment kicking off ahead of several central bank speakers including Powell and Bailey.
EUR/GBP slips as UK wages rise while German sentiment drops
This was on the back of official data showing UK wage growth had reached its highest level since the financial crisis in the three months to August.
EU Referendum Watch: Brexit fears rise in Germany, fall in Britain
With less than a month to go until the EU referendum, new forward-looking economic data released today suggests concerns about the possibility of Britain leaving the European Union is hurting investor sentiment in Germany. However, their concerns may be unjustifiably high as a fresh poll in the Telegraph showed the ‘remain’ camp was building a more decisive lead in the EU-UK referendum campaign. Consequently, the EUR/GBP slumped as the euro fell on the back of weaker data and the pound soured on further receding of Brexit fears.
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