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German ZEW higher, HKD sell-off

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events German ZEW weakens (by Yann Quelenn) Over the last three months German ZEW expectations have bounced back on hopes of a global recovery. Yet, global turmoil is far from being over. China is in the middle of a financial crisis which is weighing on overall sentiment. The ZEW has printed in this morning at 10.2 points, but way below December data which came at 16.1. Earlier this morning, final German inflation data for December was released and remains at 0.3% year-on-year.

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