EUR/GBP moves little as HCOB Eurozone Services PMI fell to 49.7, though it remains above the expected 48.9 reading. Germany Composite PMI edged lower to…
Annual inflation in Germany remained unchanged at 2.1% in May as expected. EUR/USD stays in daily range below 1.1350 after the data. Inflation in Germany,…
DAX (Germany) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 1. Position: Navy Blue Wave 3. Direction next lower degrees: Orange Wave 2. Details: Navy Blue Wave…
The US Dollar gave back a big chunk of Monday’s strong gains on Tuesday, as markets weighed the implications of the latest US-China trade deal,…
German conservative leader Friedrich Merz was elected chancellor on Tuesday following an unprecedented second round of parliamentary voting, after his coalition with the centre-left Social…
The Euro (EUR) is quiet and trading within a remarkably tight range, given the broader context of uncertainty and German Chancellor Merz’ failure to secure…
DAX (Germany) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Orange Wave 1. Position: Navy Blue Wave 3. Direction next lower degrees: Orange Wave 2. Details: Navy Blue Wave 2…
Annual inflation in Germany declined slightly to 2.1% in April. EUR/USD continues to trade in daily range below 1.1400. Inflation in Germany, as measured by…
Annual inflation in Germany declined slightly to 2.2% in March. EUR/USD continues to trade in daily range above 1.0800. Inflation in Germany, as measured by…
EUR/GBP gained support as demand for increased deficit spending rose among the Eurozone’s largest economies. Germany approved a landmark €500 billion spending package for defense…