There was a massive beat against analyst expectations for German Zew economic sentiment today. There were a few key reasons for the change in sentiment according to the economic think tanks. ZEW said that the improved outlook for Brexit, Auto tariffs from the US and the US-China trade deal increase optimism among companies. Growing hope that the international economic policy eniviroment will improve in the near future, which explains the sharp rise in the ZEW indicator of economic sentiment in November The slowdown in the EU are is still the key issue for the EUR against most of its counterparts. Now that sentiment is improving maybe it could encourage companies to spend and grow but it’s clear that tariffs and trade wars are on investors minds. The EUR was largely unfazed by the improvement and actually pushed down slightly EUR/USD has been struggling for much of the session anyway and trades 0.05% lower on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD has open door to further falls Yohay Elam 3 years There was a massive beat against analyst expectations for German Zew economic sentiment today. There were a few key reasons for the change in sentiment according to the economic think tanks. ZEW said that the improved outlook for Brexit, Auto tariffs from the US and the US-China trade deal increase optimism among companies. Growing hope that the international economic policy eniviroment will improve in the near future, which explains the sharp rise in the ZEW indicator of economic sentiment in November The slowdown in the EU are is still the key issue for the EUR against most of its counterparts.… 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.
