An improving outlook for the eurozone economy and currency

Summary Recent developments hint at some improvement in the outlook for what will still be a challenging 2023 for the Eur...

January 17, 2023, 4:12 pm

Eur/usd drifting, eurozone inflation next

The euro continues to drift this week and is trading close to the 1.0820 line. This follows last week’s sharp gains of 1.8%. German inflation falls ...

January 17, 2023, 2:01 pm

Germany zew jumped to 16.9, positive again after a year

Germany ZEW Economic Sentiment jumped sharply from -23.3 to 16.9 in January, well above expectation of -15.5. That’s also the first positive reading...

January 17, 2023, 10:11 am

Ecb centeno: the economy surprises quarter after quarter

ECB Governing Council member Mario Centeno said, at a panel at the World Economic Forum, the a recession is not a foregone conclusion. The Eur...

January 17, 2023, 9:24 am

Inflation expectations have peaked - bofa global fund manager survey

• Higher global CPI still seen in the next 12 months
• Global stocks remain underweight, allocators still overweight cash and bonds
...

January 17, 2023, 8:13 am

Eur/usd eyes a return to $1.09 on economic sentiment numbers

Following a lackluster Monday, ZEW Economic Sentiment figures for Germany and the Eurozone and ECB memb...

January 17, 2023, 12:44 am

Eur/usd: scope for a move back to 1.06 on a three-month view – rabobank

Economists at Rabobank see the pair at 1.06 on a three-month view. “While disappointing Eurozone data...

January 16, 2023, 3:44 pm

Euro hits 9-month high

The euro is almost unchanged on Monday, trading at 1.0831. The euro is coming off a strong week, as EUR/USD rose 1.8%. Earlier in the day, the euro hi...

January 16, 2023, 12:00 pm

Euro hits 9-month high

The euro is almost unchanged on Monday, trading at 1.0831. The euro is coming off a strong week, as EUR/USD rose 1.8%. Earlier in the day, the euro hi...

January 16, 2023, 11:49 am

Eur/usd weekly forecast: euro bulls return on easing us cpi

The euro rose following figures showing a decline in US inflation. Investors are hoping the Federal Reserve will scale back its rate hikes. Investors ...

January 14, 2023, 8:54 am

Mufg thinks the eur/chf breakout has room to run

Go with the break is the message from MUFG Research's first trade of the week for 2023. They suggest buying EUR/CHF from spot (reference 1.0045) wi...

January 13, 2023, 6:55 pm

Eur/chf: room for the euro to extend the move higher – mufg

Analysts at MUFG Bank have a bullish outlook for the EUR/CHF cross, considering it could benefit from a further scaling back of fears over recession i...

January 13, 2023, 5:14 pm

Deutsche bank revises german 2023 gdp forecast to 0% from -1.0%

You don't need to look around markets for long to see ...

January 13, 2023, 5:07 pm

Eurozone exports rose 17.2% yoy, imports up 20.2% yoy in nov

Eurozone export of goods to the world rose 17.2% yoy to EUR 264.7B in November. Imports rose 20.2% yoy ...

January 13, 2023, 10:21 am

Eurozone industrial production rose 1.0% mom in nov, eu up 0.9% mom

Eurozone industrial production rose 1.0% mom in November, above expectation of 0.6% mom. Production of ...

January 13, 2023, 10:14 am

Eurozone november industrial production +1.0% vs +0.5% m/m expected

• Prior -2.0%; revised to -1.9%

Euro area industrial output edged up slightly in November, helpe...

January 13, 2023, 10:00 am

Eurozone november trade balance -€11.7 billion vs -€21.1 billion expected

• Prior -€26.5 billion

The euro area trade deficit narrowed more than estimated in November, a...

January 13, 2023, 10:00 am

Daily forex news and watchlist: eur/nzd

The eurozone is about to release its industrial production figures while EUR/NZD is breaking above its ...

January 13, 2023, 9:25 am

Autozone: uncertain prospects in an ev future

Autozone is well-managed and rewards shareholders with buybacks. The growth of the company is now rathe...

January 13, 2023, 6:14 am

Eur/usd outlook: euro trades near 7-month high ahead of cpi

Traders are refraining from making big moves before the US inflation data. US inflation will provide a clearer picture of interest rates’ direction....

January 12, 2023, 9:28 am