Main Quotes Calendar Forum
flag

FX.co ★ Business sentiment is deteriorating not only in the UK

parent
Forex Analysis:::2017-08-23T06:04:19

Business sentiment is deteriorating not only in the UK

EUR / USD, GBP / USD

On Wednesday, the European ZEW Economic Sentiment Index in business circles showed a sharp decline.

Hence, the German ZEW Economic Sentiment index for August fell from 17.5 to 10.0, with an expectation at 14.8.

An optimistic political event was the announcement of some agreements in the budget for the next year.

Today, the US and the euro zone, the balance and business activity indices for the month.

At 8:00 PM in London time, Mario Draghi speaks at the opening of the economic sciences meeting in Germany.

We expect the euro at 1.1640 and pound sterling in the range of 1.2735 / 55.

Business sentiment is deteriorating not only in the UK

Business sentiment is deteriorating not only in the UK

USD / JPY

As the yen falls to the lows of April at 108.05 / 25, the American stock market was saved.

We still hope that the YoY to 0.5% YoY.

At the current stage, the task of the yen is to consolidate in the range of 110.00-111.00. The completion of this task is accepted by US as the main scenario.

Business sentiment is deteriorating not only in the UK

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...