Positive macroeconomic statistics from Germany | 17 February 2021

17 February 2021, EUR/USD

EURUSD trading plan:

The ZEW said its survey of investors' economic sentiment showed a rise to 71.2 points from 61.8 the previous month."The financial market experts are optimistic about the future. They are confident that the German economy will be back on the growth track within the next six months," ZEW President Achim Wambach said in a statement. "Consumption and retail trade in particular are expected to recover significantly, accompanied by higher inflation expectations," he added. German exports rose in December as solid trade with China and the United States helped the economy as it struggles to grow under the lockdown restrictions.

Investment idea: Buy 1.2080 and take profit 1.2155.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus