Tuesday, November 13, 2012

German ZEW Economic Sentiment Falls – EUR/USD Digs Lower

The important ZEW Economic Sentiment disappointed and instead of rising, it dropped. The indicator was expected to rise to -9.9 but dropped to -15.7 points. Last month’s figure was -11.5. The negative numbers represent pessimism. EUR/USD tests 1.2660 and digs lower in two month lows. 1.2624 is next. The all-European figure also disappointed and fell from
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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