Investors' concerns | 22 Marzo 2023

22 Marzo 2023, EUR/USD

EURUSD trading plan:

German investor sentiment tumbled in March as concerns about a new financial crisis ended a five-month streak of consecutive increases, the ZEW economic research institute said. "The international financial markets are under strong pressure," and the high level of uncertainty is reflected in the economic expectations, said ZEW President Achim Wambach. Investors' concerns about banking sector turbulence weighing on the economy are not unjustified, said VP Bank chief economist Thomas Gitzel. "The focus is less on the fear of further bank failures than on the question of whether banks on both sides of the Atlantic will now become even more restrictive," he said.

Investment idea: range 1.0735 - 1.0850.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
Close
Iniciar sesión