Before we talk about our expectations for changes in ZEW Survey – for German economic sentiment, It is important to start with the latest reading of the German Manufacturing PMI, Because of the usual correlation read for the two indicators as both indicators represent the economic outlook for the largest economies in the eurozone. The...
[caption id="attachment_23878" align="alignnone" width="525"] Monthly Fundamental Market Analysis of GBP, USD and EURO[/caption] USD: A limited rally in February but crucial Although the US dollar rallies in February were mostly limited against the other seven main currencies except the Japanese yen, the Australian dollar and the New Zealand dollar, it also fell against the pound,...
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