A sixth consecutive in German economic sentiment: ZEW scored 29.8 points. On the other hand, the current conditions component actually rose to 67.7 points. The German ZEW Economic Sentiment was predicted to change course in June and rise to 35.1 after hitting 33.1 points in May. After reaching a peak of 62 points in December, the indicator fell every month in 2014. The Current Conditions component carried expectations for a rise to 62.6 points. Also the all-European figure was expected to rise from 55.2 to 59.6 points. but it rose only to 58.4. Before the publication, EUR/USD was trading in a higher range, at around 1.3570. It initially dropped, but is stabilizing. It seems that the contradicting figures managed to stabilize the pair. Yesterday, the final CPI figures for May did not surprise: headline CPI rose by 0.5% and Core CPI by 0.7%. These are the lowest figures for both, but they were already seen. The lack of disappointment enabled the euro to stabilize after getting close to 1.35. Resistance appears at 1.3585, followed by 1.3650. Support awaits at 1.3550 (weak) and strong support at the round number of 1.35. For more, see the EURUSD forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next USDJPY Elliott Wave Analysis: Triangle In Wave (B) Gregor Horvat 8 years A sixth consecutive in German economic sentiment: ZEW scored 29.8 points. On the other hand, the current conditions component actually rose to 67.7 points. The German ZEW Economic Sentiment was predicted to change course in June and rise to 35.1 after hitting 33.1 points in May. After reaching a peak of 62 points in December, the indicator fell every month in 2014. The Current Conditions component carried expectations for a rise to 62.6 points. Also the all-European figure was expected to rise from 55.2 to 59.6 points. but it rose only to 58.4. Before the publication, EUR/USD was trading in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
