Negative macroeconomic statistics from Europe | 16 3月 2022

16 3月 2022, EUR/USD

Negative macroeconomic statistics from Europe

EURUSD trading plan:

German investor sentiment suffered a record slide in March due to the economic sanctions on Russia, a survey showed, with collapsing expectations making a recession in Europe's largest economy more likely. The ZEW economic research institute said its economic sentiment index dropped to -39.3 points from 54.3 in February. The fall was the biggest since the survey began in December 1991. The collapsing economic expectations are accompanied by an extreme rise in inflation expectations. The European Central Bank said last week it will stop pumping money into financial markets this summer, paving the way for an increase in interest rates. This is a negative signal for the European currency.

Investment idea: sell 1.1000 and take profit 1.0933.

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.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus