Tag: Eurozone economy
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...
ECB’s Rehn Warns of Weakened Growth Outlook and Rising Deflationary Pressure
The European Central Bank (ECB) has issued a warning regarding the weakened growth outlook and rising deflationary pressure in the economy. This caution comes...
EUR/USD Three-Week Low: ECB Easing Expectations – Forex Market Update
The EUR/USD pair has dropped to 1.1027, hitting a three-week low due to expectations of the European Central Bank (ECB) continuing to ease monetary...
GBP/USD Market Analysis: Dive vs. EUR/GBP Strength – Action Forex
GBP/USD has started a fresh decline from the 1.2860 resistance zone, indicating bearish signs below the 1.2800 support level. On the hourly chart of...