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EUR/USD consolidates in a range below mid-1.1700s ahead of German Ifo

EUR/USD consolidates in a range below mid-1.1700s ahead of German Ifo
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Germany , German , Jerome-powell , German-ifo-business-climate , Fed-chair-jerome-powell , ஜெர்மனி , ஜெர்மன் , ஜெரோம்-போவல் , ஜெர்மன்-இபோ-வணிக-காலநிலை , ஊட்டி-நாற்காலி-ஜெரோம்-போவல் ,

Euro Pound (EUR/GBP) Exchange Rate Fluctuates as European Covid Cases Stabilise | Euro Exchange Rate News

Euro Pound (EUR/GBP) Exchange Rate Fluctuates as European Covid Cases Stabilise | Euro Exchange Rate News
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CH-Eröffnung: Auf Erholungskurs

CH-Eröffnung: Auf Erholungskurs
moneycab.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycab.com Daily Mail and Mail on Sunday newspapers.

Zurich , Züsz , Switzerland , Swiss , Technology-stocks , Pharma-group , S-swiss-exchange , Novartis , Recovery-rate , German-ifo-business-climate , Also-report

Aktien Schweiz Eröffnung: Auf Erholungskurs | Newsticker

Aktien Schweiz Eröffnung: Auf Erholungskurs | Newsticker
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Zurich , Züsz , Switzerland , Swiss , Technology-stocks , Pharma-group , S-swiss-exchange , Novartis , Shares-switzerland-opening , Recovery-rate , German-ifo-business-climate

A Peek Into The Markets: US Stock Futures Rise Ahead Of Earnings, Economic Data

A Peek Into The Markets: US Stock Futures Rise Ahead Of Earnings, Economic Data
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A Peek Into The Markets: US Stock Futures Mixed; Tesla Earnings In Focus

A Peek Into The Markets: US Stock Futures Mixed; Tesla Earnings In Focus
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Mid-Day Market Update: Crude Oil Rises 4%; Vuzix Shares Plummet

Mid-Day Market Update: Crude Oil Rises 4%; Vuzix Shares Plummet
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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GBP/EUR Forecast: Pound to Euro Exchange Rate Steady on Back of UK Retail Sales

GBP/EUR Forecast: Pound to Euro Exchange Rate Steady on Back of UK Retail Sales
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

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Euro starts week with a yawn - MarketPulse

Euro starts week with a yawn
February 22, 2021SharePrint
The euro has posted small gains in the Monday session. Currently, EUR/USD is trading at 1.2127, down 0.11% on the day.
German Business Climate improves
German data started the week on a positive note. The Ifo Business Climate improved to 92.4 in February, up from an upwardly revised 90.3 in January. This beat the estimate of 90.5 and marked a 4-month high. The Ifo institute statement noted that the German economy is performing well despite the lockdown “mainly because of the strong industrial economy”. Germany’s Manufacturing PMIs have been well into expansionary territory, and the January read improved to 60.6, its highest level since January 2018.

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Euro to US Dollar Exchange Rate Pushes Higher as US Dollar Weakens | Euro Exchange Rate News

At the time of writing the pair are currently trading at around $1.2135.
Euro (EUR) Supported by Upbeat German Business Confidence
The Euro found itself gaining today following data from the German Ifo Business Climate indicator for February.
The Ifo Business Climate rose to 92.4, beating forecasts of 90.3 and is the largest increase in four months.
As a result of the data, Euro investors become increasingly optimistic about the outlook of the Eurozone’s economy and its recovery from the coronavirus pandemic.
Carsten Brzeski, an analyst at ING, commented on the data:
‘The latest Ifo index numbers show that optimism has returned to the German economy as many businesses seem to have joined financial markets in looking through any adverse short-term effects from ongoing lockdowns and the slow start of the vaccination rollout.’

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