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via fxstreet.comEconomy

Euro gains little as ZEW sentiment falls short of forecast

FROM THE WIRE · FXSTREET.COM

Economic sentiment in the ZEW survey fell well short of forecast, and EUR/USD ended Tuesday about where it ended Friday, just under 1.1250. It rose from about 1.1200 to just above 1.1250, the fifth time this month a daily high has topped that level.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeaker-than-expected economic sentiment weighs on the euro, though EUR/USD closed nearly flat just under 1.1250.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The ZEW economic sentiment survey fell well short of forecast.
  2. 02EUR/USD ended Tuesday about where it ended Friday, just under 1.1250.
  3. 03The pair rose from about 1.1200 to just above 1.1250 during the day.
  4. 04A daily high has topped that level for the fifth time this month.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1227-0.02%today +0.09%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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