German exports are down hitting industry

German factory orders plunged in their worst monthly drop since January 2017, and one economist tells us the hard times for German industry are not yet over.

April 4,2019

 

The Euro bounced off the floor of a narrow six-month range on Wednesday after two economic reports surprised on the upside, but earlier and subsequent analyst commentaries suggest that mere signs of life in the economy are unlikely to be enough sustain a recovery in the Euro-to-Dollar rate.

April 3,2019

The Euro-to-Dollar rate is set to begin trading Sunday around 1.1217 after falling more than half a percent in the previous week, although studies of the charts suggest the exchange rate is on course for further losses in the days ahead. 

April 1,2019

The Euro remains locked within a tight range against the Dollar as markets wait to see whether the single currency bloc will recover from a recent economic slowdown, but analysts at Deutsche Bank and Nordea Markets are forecasting a recovery for the EUR/USD rate before year-end. 

March 28,2019

The Euro-to-Dollar rate is expected to begin trading around 1.1299 Sunday after falling -0.2% during the previous week, although the exchange rate is likely to experience further losses over the coming days after economic data and price action on Friday undermined support for the single currency.

March 25,2019

The Euro weakened notably on Friday after IHS Markit PMI surveys revealed a likely contraction in manufacturing output and a slowdown in service sector activity that has reinforced the negative outlook for the bloc's economy and single currency.

March 23,2019

The Euro was tipped for recovery on Tuesday after an influential survey of sentiment showed Eurozone investment professionals becoming much less pessimistic about the outlook for the single currency bloc's economy this month.

March 19,2019

Page 162 of 262

Theme: GKNEWS