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EUR/USD at fresh lows below 1.11 as German Mar ZEW Economic Sentiment slumps to -49.5


Tuesday, 17 March 2020 17:18 WIB

Ekonomi JermanZEW


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The German ZEW headline numbers for March showed that the Economic Sentiment Index came in at -49.5 versus -26.4 expectations and 8.7 last.

While the sub-index Current Conditions figure arrived at -43.1 in March versus -30.0 expected and -15.7 booked previously.

Meanwhile, the Eurozone ZEW economic sentiment for March stood at -49.5 vs. 35.4 expected and 10.4 last.

Meanwhile, the Eurozone ZEW economic sentiment for March stood at -49.5 vs. 35.4 expected and 10.4 last.

The shared currency met fresh supply on awful German and Eurozone ZEW numbers, with EUR/USD now printing a new two-day low at 1.1085, down 0.85% so far.

Source : FXstreet


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