EUR/USD is trading in around the 1.0750 mark. Economists at Société Générale analyze the pair’s outlook ahead of the German ZEW survey. The primary de
is trading in around the 1.0750 mark. Economists at Société Générale analyze the pair’s outlook ahead of the German ZEW survey.The German ZEW survey traditionally is not considered a market mover but the negative surprises from Germany this month suggest the opposite is true and another lurch lower for the ZEW could perhaps break out the tentative bounce in EUR/UD to 1.0750.
The primary deal rush meanwhile shows no sign of abating: another 11 IG borrowers in the US and 10 in Euro joining the September flurry yesterday including transactions by T-Mobile and Nestle .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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