Germany staved off the threat of recession | 31 Octubre 2022

31 Octubre 2022, EUR/USD

EURUSD trading plan:

Germany staved off the threat of recession in the third quarter with unexpected growth but the economy remained in choppy waters as high inflation driven by a painful energy standoff with Russia surged, data fresh showed. Consumer prices, harmonised to compare with other European Union countries, were up 11.6% on the year in October, the federal statistics office said. The inflation was likely to stay in double-digit territory for some time, keeping pressure on the European Central Bank to continue raising interest rates after it hiked them to their highest level since 2009 on Thursday.

Investment idea: range 0.9880 - 0.9980.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus