EURUSD on Tuesday dropped -0.01% to 1.08196

Submitted by leelim | November 13, 2024, 06:59:22 | Blog

What happened lately

The Gfk Consumer Confidence Survey in Germany has shown a positive trend, with consumer sentiment rising from -21 points in October to -18.3 points in November. This improvement indicates an increasing optimism among consumers regarding the economic outlook, which could be attributed to various factors such as government initiatives, market expectations, or other positive developments in the economic climate of Germany. Such a rise in consumer confidence could potentially lead to increased consumer spending, stimulating further economic growth.

Source: https://fxarmy.com/eurusd-on-tuesday-dropped-0-01-to-1-08196-pair-in-consolidation-what-we-know/

Tags: forex, Fxarmy, Trading

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