What is the timing of the German ZEW survey and what impact could it have on EUR/USD?
In October, the German ZEW business confidence index rose to 39.3, increasing from 37.3 in September, although it fell short of market expectations, which were set at 40.5. Meanwhile, the current situation index worsened, dropping from -76.4 to -80. This was contrary to forecasts that anticipated a figure of -75. Market Reaction The euro against […]
EUR/USD remains steady above 1.1550 before the release of German ZEW Survey data
EUR/USD Slightly Rises Amid Varied Economic Indicators EUR/USD edged up a bit after a decline of nearly 0.5% in the previous session, hovering around 1.1570 during Asian trading hours on Tuesday. The pair is poised to benefit from the upcoming release of September’s Harmonized Consumer Price Index (HICP) and Germany’s ZEW survey data. Recently, the […]
German Mayor Reportedly Set on Fire and Stabbed 13 Times by Adopted Daughter from Africa
Teenage Daughter Allegedly Stabs Mother in Disturbing Incident The adopted teenage daughter of Germany’s soon-to-be mayor reportedly stabbed her mother 13 times in the basement on Tuesday morning following an attempted arson with deodorant and a lighter. Iris Starzer, 57, reportedly found her 17-year-old daughter in the sauna area of their home while heading for […]
Recently elected German mayor attacked with a knife in the context of increasing political violence
Incident Involving New Mayor in Germany A newly elected mayor in a West German town faced serious danger on Tuesday after being discovered at home with multiple stab wounds to her neck and abdomen. Reports indicate that 57-year-old Iris Stusser was dragged inside her residence following an attack by several men. This incident occurred late […]
Suspected Hamas attackers scheduled to appear in German court on Thursday
Three Hamas Members Arrested in Germany for Alleged Attack Plot German officials have apprehended three individuals linked to Hamas on charges related to a potential attack targeting Israel or Jewish institutions within Germany, according to reports from The Associated Press. Of those arrested, two are German citizens, while the third was born in Lebanon. They […]
What is the timing of German Retail Sales and how might they influence EUR/USD?
Germany’s Retail Sales Rise in August Retail sales in Germany increased by 1.8% on a yearly basis in August. EUR/USD finds support near 1.1725 after the data release. According to the latest figures from Destatis, Germany’s retail sales grew by 1.8% compared to last year in August, following a revised 2.9% increase in July. On […]
UniCredit may strengthen its German representation on the board to gain Commerzbank’s trust.
Unicredit’s Commerzbank Plans Under Scrutiny Unicredit, an Italian bank, is considering increasing the number of German members on its board if it helps facilitate its acquisition of Commerzbank, a deal that has faced strong opposition from Berlin. Sources suggest that during acquisition talks, Unicredit might propose making board representation more reflectively German. The partnership could […]
German tourist fatally injured in horrific hit-and-run was in NYC marking wedding anniversary with her husband
Tragic Hit-and-Run Claims Lives of German Tourists in NYC A tragic hit-and-run incident in Midtown has resulted in the deaths of two German tourists who were in New York City to celebrate their anniversary. Alexandra Sabine Lewalter Maric, aged 50, was marking her 23rd anniversary with her husband, Udo Lewalter, 55. Witnesses described Alexandra as […]
Tom Hanks fulfills his 2-year promise by sending a vintage German typewriter to a small business owner in Oregon.
Tom Hanks Fulfills a Promise with a Typewriter Gift Tom Hanks is keeping his word. The two-time Oscar winner recently sent a vintage German typewriter to the owners of a small business in Portland, Oregon, a couple of years after he first promised to do so. “Two years ago, Tom Hanks told me he’d send […]
Forex Today: Markets stay unstable before German business outlook and US housing information
What to Know for Wednesday, September 24th This mid-week, major currency pairs seem to be lacking clear direction as traders await a new catalyst. Investors are particularly focused on the business sentiment data emerging from Germany during the European session. Later on, the U.S. Economic Calendar will release data on new home sales for August. […]