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Intraday Strategies for Beginner Traders on September 16
Yesterday was fairly calm despite a
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Yesterday was fairly calm despite a lot of mixed fundamental data.For the euro, the key factor was the latest German ZEW readings — a monthly survey of financial analysts about Germany's economic prospects. The expectations index barely moved, while the assessment of current conditions improved noticeably; conversely, euro-area expectations declined against the backdrop of last week's European Central Bank rate hike. This divergence between a more resilient German economy and weakening euro-area expectations continues to weigh on EUR/USD, especially as
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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