Tag: German economic indicators
German ZEW Economic Sentiment Falls to 19.2, Signaling Decline – Action Forex
Germany’s ZEW Economic Sentiment index experienced a significant drop in August, plummeting from 41.8 to 19.2, which is well below the anticipated 30.6. This decline is the most drastic monthly decrease since July 2022....
German Economy Faces Second Year of Contraction Amid Structural Challenges
Germany, known for its robust economy and stable growth, is facing a challenging period ahead as the Joint Economic Forecast Project Group recently revised its GDP forecasts downward. The group now anticipates a contraction...
EURUSD Drops Below 1.11 After German CPI Data
EURUSD Drops Below 1.11 After German CPI DataThe EURUSD currency pair experienced a sharp drop below the 1.11 level following the release of German Consumer Price Index (CPI) data. This move in the forex...
