German economic sentiment rebound supports the euro

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: German economic sentiment rebound supports the euro
FxPro | 38 days ago

German economic sentiment rebound supports the euro

Business sentiment in Germany improved significantly in May after a sharp drop in April. The ZEW business sentiment index rose from -14.0 to 25.2, well above the average forecast of 10, but remains below the March reading of 51.6.

The improvement in sentiment is due to expectations of positive effects from the promised 800 billion stimulus package, progress in trade disputes, and stabilising inflation. However, the assessment of the current situation remains extremely low, with the index standing at -82, close to its cyclical lows in the current century.

The positive surprise in the business sentiment index creates a favourable news background for the EUR/USD pair, supporting it near the 50-day moving average. This line serves as a benchmark for medium-term dynamics, and a break below it will confirm the breakdown of the last three months' uptrend. Holding the level of 1.11 indicates the willingness of buyers to continue buying.

By the FxPro Analyst Team

Regulation: FCA (UK), SCB (The Bahamas)
read more
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 | 1 day ago
ATFX Market Outlook 19th June 2025

ATFX Market Outlook 19th June 2025

Following the Fed’s decision and Powell’s comments suggesting elevated inflation and a slower path of easing, U.S. Treasury yields trimmed losses. The dollar strengthened against most major peers except the yen, with the DXY briefly breaking above the 99 level.
ATFX | 2 days ago
ATFX Market Outlook 18th June 2025

ATFX Market Outlook 18th June 2025

Soft U.S. retail sales and industrial production in May point to a weakening economy. U.S. stocks closed lower on Tuesday as the Israel-Iran conflict entered its fifth day, deepening investor anxiety. The U.S. military is deploying fighter jets to the Middle East. The Dow Jones fell 0.7%, the S&P 500 dropped 0.84%, and the Nasdaq declined 0.9%.
ATFX | 3 days ago
Aussie Rebounds, Dollar Dips Amid Tensions | 17th June, 2025

Aussie Rebounds, Dollar Dips Amid Tensions | 17th June, 2025

On June 17, 2025, global markets remain volatile as Israel-Iran tensions escalate into a fifth day of conflict, with Iran threatening to close the Strait of Hormuz, boosting WTI crude to $70.60. Gold (XAU/USD) retreats below $3,400 to $3,390, pressured by USD strength (DXY at 98.20) but supported by safe-haven demand.
Moneta Markets | 4 days ago
ATFX Market Outlook 17th June 2025

ATFX Market Outlook 17th June 2025

U.S. three major indices rose on Monday, with the Dow up 0.77%, the S&P 500 up 0.9%, and the Nasdaq up 1.5%, as oil prices eased and concerns over inflation diminished. The dollar strengthened against the yen and Swiss franc but weakened against other currencies. Gold dropped over 1% after hitting an eight-week high, and oil fell $1 amid hopes of a ceasefire between Iran and Israel.
ATFX | 4 days ago
Gold Shines, Oil Steadies Amid Tensions | 13th June, 2025

Gold Shines, Oil Steadies Amid Tensions | 13th June, 2025

On June 16, 2025, global markets are dominated by escalating Israel-Iran tensions, with Iran launching missile barrages on Israel, boosting safe-haven assets. Gold (XAU/USD) consolidates at $3,425 after hitting a two-month high, supported by Middle East risks and Fed rate-cut bets (68% for September).
Moneta Markets | 5 days ago