Tag: Eurozone economy

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EUR/USD Rebounds as Eurozone PMI Data Disappoints – Action Forex

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...
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EUR/USD Weekly Forecast: Analysis and Predictions for Traders

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...
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ECB Holiday Season Preview: Analysis and Forecast – Action Forex

The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data...
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Eurozone Sentix Plummets to -7.3 Amid Political and Economic Uncertainties

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...
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Eurozone CPI Slowed to 2.5% in June, Core Unchanged at 2.9% – Market Update

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...
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Eurozone PMI Data Causes EUR/USD Drop Below 1.0700

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...
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Eurozone PMI: Manufacturing Drops to 45.6, Services to 52.6 – Market Update

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....

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