Positive macroeconomic statistics from Germany | 24 9月 2020

24 9月 2020, EUR/USD

Positive macroeconomic statistics from Germany

EURUSD trading plan:

German business morale improved for the fifth month in a row in September, a survey showed on Thursday, in a further sign that Europe's largest economy is enjoying a solid recovery from the coronavirus shock. The Ifo institute said its business climate index rose to 93.4 from a downwardly revised 92.5 in August. This was the highest reading since February when the index stood at 95.9. "The German economy is stabilizing despite rising infection numbers," Ifo President Clemens Fuest said in a statement, adding that companies once again assessed their current business situation as better than in the previous month.

Trading recommendation: Buy 1.1644 and take profit 1.1688.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.