Tag: Eurozone
ECB to Conduct Third Consecutive 25 bps Rate Cut – Action Forex
The European Central Bank (ECB) is set to conduct its third consecutive 25 bps rate cut, marking the 4th in total. This decision comes...
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no...
ECB’s Panetta on Interest Rates: Possibility of Rates Going Below Neutral Levels
The European Central Bank's (ECB) board member, Fabio Panetta, recently discussed the possibility of interest rates going below neutral levels. This statement has sparked...
ZEW Economic Sentiment November Forecast: Will it Match October’s Improvement?
Today's focus is on the German ZEW indicator for November, as it will be the only economic data released. It will be interesting to...
Eurozone PMI Impact on Eurozone Currency Trends – Action Forex
On Thursday, S&P Global released preliminary estimates for the October PMI across major regions. In Europe, this data holds significant importance as it tends...
Eurozone Trade Data: Goods Exports and Imports Decline in August
Eurozone trade data for the month of August revealed a decline in both goods exports and imports. Goods exports decreased by 2.4% year on...