Tag: German economic indicators
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...
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....
