Tag: Eurozone economic outlook
Temporary Dollar Dip vs. Intrinsic Euro Strength: Action Forex Analysis
The recent fluctuations in the Dollar Index have left many analysts puzzled, as the currency seems to be moving against fundamental forces. The DXY...
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...
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...
European Central Bank Rate Cut Path and Actions – Action Forex
European Central Bank Cuts Rates, Keeps Future Easing Options OpenThe European Central Bank (ECB), as widely expected, cut its Deposit Rate by 25 bps...
Eurozone PMI Manufacturing Declines to 45.8, Adding Pressure on ECB
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...
EUR/USD Weekly Forecast: Analysis and Predictions for Forex Traders
EUR/USD Weekly Forecast: Analysis and Predictions for Forex TradersThe EUR/USD pair experienced a pullback from the 1.1200 level last week, leading to a lower...