Tag: Eurozone economic data

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 year to EUR 216.7 billion, while goods imports also fell...

EUR/USD Weekly Forecast: Comprehensive Analysis and Future ProjectionsThe EUR/USD pair experienced a significant rebound last week, indicating that the correction from 1.1200 may have reached its conclusion at 1.1001. This development suggests that the...

EUR/JPY Forecast: Weekly Analysis and Predictions - Action ForexThe EUR/JPY pair experienced a decline from 163.86 last week, extending even further before stabilizing at 155.45. This sideways movement has left the initial bias for...

Eurozone’s manufacturing sector continues to face challenges as the PMI Manufacturing index remains at a low of 45.8 in August, unchanged from the previous month. This marks the third consecutive month of decline, indicating...

The EUR/USD pair saw a retreat after initially rising to 1.1007 last week, leading to consolidations. The bias for the upcoming week remains neutral at first. Although a deeper retreat is possible, the downside...