Germany January ZEW survey current conditions -58.6 vs -58.0 expected
Prior -61.4 Outlook 16.9 vs -15.0 expected Prior -23.3 The standout data in the report here is that the outlook for the German economy has improved drastically into positive territory – the first time since February last year. This comes after a less harsh winter (helping with the energy situation) and as inflation pressures are […]
EUR/USD uptrend in late 2022 to be replaced by pullbacks and choppy trading conditions – Rabobank
Although analysts at Rabobank are forecasting that the DXY index could end the year a little lower, they expect that 2023 will provide plenty of opportunities for USD bulls to become re-engaged. They retain a 1-month forecast of EUR/USD 1.05 and a 3-month forecast of EUR/USD 1.03. Key quotes: “The first trading week of the […]