Tag: Eurozone economy

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a 0.07% increase for the day.Eurozone PMI numbers came in weaker...

Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a further increase as long as the minor support level of...

The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data on profits, wages, and productivity will be crucial factors, but...

Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...

Eurozone CPI, which measures the change in prices of goods and services, experienced a slight slowdown in June. The year-over-year increase in CPI dropped from 2.6% to 2.5%, meeting market expectations. However, the core...

EUR/USD faced a significant drop to 1.0670 as a result of the weak preliminary Eurozone PMI data for June and the strong performance of the US Dollar. The Eurozone's Composite PMI unexpectedly declined to...

Eurozone's Purchasing Managers' Index (PMI) data for the month of June has raised concerns as both the Manufacturing and Services sectors experienced significant declines. The Manufacturing PMI dropped from 47.3 to 45.6, falling below...