Tag Archive: German Buba President Weidmann

DAX Jumps as New Italian Government, Korea Summit Stokes Optimism

The DAX has posted sharp gains in the Tuesday session. Currently, the DAX is at 12,897, up 0.99% on the day. In economic news, German Final Services PMI dropped to 52.1, matching the forecast. It was a similar story with Eurozone…
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EUR/USD – Euro Calm as German, Euro Services PMIs Within Expectations

EUR/USD is unchanged in the Monday session. Currently, the pair is trading at 1.1697 down 0.01% on the day. On the release front, the focus is on the service sector. Eurozone and German Final Services both dropped in May, but…
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DAX Steady as Italy Forms New Goverment

The DAX has started the week in positive territory. In the Monday session, the DAX is at 12,749, up 0.20% on the day. In economic news, there are no major eurozone events. Eurozone Sentix Investor Confidence tumbled to 9. 3, well…
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EUR/USD – Euro Gains Ground at Start of Week

EUR/USD has recorded small gains in the Monday session. Currently, the pair is trading at 1.1694, up 0.30% on the day. On the release front, there are no major events in the eurozone or the U.S. The eurozone will release…
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EURUSD – Euro Ticks Higher, German Business Climate Meets Expectations

EUR/USD has posted slight gains in the Friday session, erasing the losses seen on Thursday. Currently, the pair is trading at 1.1705, up 0.23% on the day. On the release front, German Ifo Business Climate ticked higher to 102.2, above the…
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DAX Rebounds, Markets Await US Employment Data

The DAX index has moved upwards in the Friday session. Currently, the DAX is at 12,738 points, up 0.39% on the day. On the release front, German and Eurozone Services PMIs for April came in at 53.0 and 54.7 points, respectively,…
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DAX Dips as Eurozone CPI Misses Forecast

The DAX index has lost ground in the Wednesday session. Currently, the DAX is at 12,753 points, down 0.37% on the day. On the release front, Eurozone CPI Flash Estimate dropped to 1.2%, shy of the estimate of 1.3%. Core…
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EUR/USD – Euro Stops Slide as GDP Matches Estimate, Fed Up Next

EUR/USD has stemmed this week’s losses in the Wednesday session. Currently, the pair is trading at 1.1999, up 0.05% on the day. On the release front, German and eurozone manufacturing reports were within expectations and continued to point to expansion….
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EUR/USD – Weak Euro Heading to 1.20, European Markets Closed for May Day

EUR/USD continues to lose ground this week. In the Tuesday session, the pair is trading at 1.2037, down 0.36% on the day. On the release front, European markets are closed for May Day, so there are no eurozone or German…
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