Tag: Pessimism

EUR/USD Bounces as ZEW Economic Sentiment Beats Estimates, Pessimism Remains

Euro ZEW Economic Sentiment Key Points:EU ZEW Economic Sentiment Index: Actual -59.7 vs -60.7 September.German ZEW Economic Sentiment Index: Actual -59.2 vs -61.9 September.ZEW Current Conditions Hint that the Downturn has Already Become...

Dollar Potentially Poised For Reversal After Maximum Pessimism for Europe

The interesting thing about Tuesday’s price action was that ended the day flat, or just slightly higher after OPEC announced the production cut over the weekend. In addition, with the NordStream1 announcement...

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