Better-than-expected European data failed to stop the euro’s decline

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Better-than-expected European data failed to stop the euro’s decline
FxPro | hace 762
Stocktwits

Weak Chinese manufacturing data put pressure on the single currency as Europe, particularly Germany, is highly correlated with China.

However, the Eurozone's data is not so bad today. The number of unemployed in Germany rose by 9K, down from 23K and 19K in the previous two months. Unemployment is rising much more slowly than in the recessions of 2009 and 2020, and the unemployment rate (5.6%) is low by historical standards.

Second estimates confirmed a 0.2% q/q and 0.9% y/y rise in French GDP in the first quarter, although private consumption fell by a further 1% in April after a 0.8% decline in the previous two months.

For Italy, the final data pointed to economic growth of 0.6% q/q and 1.9% y/y, 0.1 percentage points higher than previously estimated.

Despite the upbeat economic data, the EURUSD fell to 1.0660 in early European trading, its lowest level since 17 March.

By the FxPro Analyst Team

Reglamento: FCA (UK), SCB (The Bahamas)
Tags: Análisis EURUSD
Stocktwits
read more
US500, EURUSD, USDJPY

US500, EURUSD, USDJPY

New record high for US 500 amid relief rally; Eurozone preliminary CPI to be within ECB’s target; EURUSD hits 4-year high; US NFP report the highlight of the week; USDJPY eases
XM Group | hace 1
Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

WTI crude nears $75 on strong US inventory draw, boosting risk sentiment. The US Dollar remains weak amid Fed independence fears, lifting AUD/USD to 0.6880 and EUR/USD near 1.1700. USD/JPY retreats while USD/CNY stays steady on a firmer PBOC fix. Focus shifts to US PCE data and global central bank commentary.
Moneta Markets | hace 4
EUR/USD Extends Rally as Risk Sentiment Improves

EUR/USD Extends Rally as Risk Sentiment Improves

On Wednesday, EUR/USD climbed to 1.1621, marking its fifth consecutive session of gains with little interruption. The upward momentum reflects easing geopolitical tensions, which in turn have reduced the demand for traditional safe-haven assets.
RoboForex | hace 6
ATFX Market Outlook 25th June 2025

ATFX Market Outlook 25th June 2025

Under pressure from U.S. President Trump, the fragile ceasefire agreement between Israel and Iran took effect on Tuesday. Federal Reserve Chair Jerome Powell told lawmakers that tariff increases this summer could begin to push inflation higher, marking a critical period for the Fed’s consideration of rate cuts.
ATFX | hace 6
ATFX Market Outlook 23rd June 2025

ATFX Market Outlook 23rd June 2025

For the week, the Dow was flat, the S&P 500 fell 0.2%, while the Nasdaq rose 0.2%. The uncertainty in the Middle East and its potential impact on the global economy pushed the U.S. Dollar Index to its largest weekly gain in over a month. The Federal Reserve noted that trade policies are still evolving, making it premature to assess the economic impact of tariffs.
ATFX | hace 8
ATFX Market Outlook 20th June 2025

ATFX Market Outlook 20th June 2025

U.S. markets were closed on Thursday for the Juneteenth holiday, but the escalating airstrikes between Israel and Iran continued to stir markets. Reports indicate that former President Trump will decide within two weeks whether the U.S. will intervene, raising concerns over a broader conflict and boosting safe-haven sentiment.
ATFX | hace 11
Herramientas
Calendario económico
Horario del mercado
Tasas de interés
Holidays Calendar
Mercados Forex
Volatilidad Forex
Correlación Forex
Noticias del Forex
forex analysis
Datos COT
Liquidez
Calculadoras Forex
Heat Map del Forex
Mapa de calor de indicadores
Comunidad
Comunidad
Sistemas
Sistemas más populares
Estrategias
Concursos
Gráficos Forex
Sentimiento Forex
Indicador de perspectivas
Revisiones
Corredores
Prop Trading Firms
Servicios SPV
Proveedor de señales
Servicios de programación de AE
Affiliate Programs
Servicios de corretaje PAMM
Servicios de programas de rebaja
Plataformas de trading
Asesores Expertos
Exchanges de Criptomonedas
Trading Courses
Corredores
Spreads de Forex
Cotizaciones de los corredores de Forex
Swaps de corredores de Forex
Volumen del corredor Forex
Promociones de corredores Forex Comunicado De Prensa
Plataforma
Widgets
Funciones
API
RSS
Stock Portfolio
Affiliate Software
Gráficos avanzados
Soporte
FAQ
Ayuda
Póngase en contacto con nosotros
¡Informar de un error!
Acerca de
Blog
© 2025 Myfxbook Ltd. Todos los Derechos Reservados.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.