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An increase of the indicator value may contribute to the rise in quotes of EUR.

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Germany’s industrial production decline adds to concerns over economic downturn

Germany’s industrial production contracted 1.3% in February, exceeding analysts’ expectations of a 1% drop. The fall was driven by a decline in construction activity, as well as a drop in food and energy production, Bloomberg reports, citing official statistics.

7 April
Germany’s industrial production decline adds to concerns over economic downturn
Greek Central Bank head warns Trump’s tariffs may cut eurozone GDP growth by up to 1%

Greek Central Bank Governor Yannis Stournaras told the Financial Times that US tariffs risk shaving 0.5–1% off eurozone GDP growth. Stournaras argued that US trade policies are creating unprecedented uncertainty for the global economy.

7 April
Greek Central Bank head warns Trump’s tariffs may cut eurozone GDP growth by up to 1%
European Union. Retail Sales (MoM). The value of the indicator has increased from 0% to 0.3%

An increase of the indicator value may contribute to the rise in quotes of EUR.

7 April
European Union. Retail Sales (YoY). The value of the indicator has increased from 1.8% to 2.3%

An increase of the indicator value may contribute to the rise in quotes of EUR.

7 April
Germany's public sector workers are seeing 5.8% wage increases staggered over year

German public sector workers are set to receive a staggered wage increase of 5.8%, according to Bloomberg. This decision comes after negotiations between employers and labor unions reached an impasse, prompting the country's arbitration court to step in.

7 April
Germany's public sector workers are seeing 5.8% wage increases staggered over year
ECB’s Schnabel expects negative impact of Trump's import tariffs on Europe and US

Isabelle Schnabel of the European Central Bank stated that US import tariffs are contributing to global trade uncertainty and exacerbating the European Union's structural problems. Americans will also be affected by Donald Trump's actions, the official said.

7 April
ECB’s Schnabel expects negative impact of Trump's import tariffs on Europe and US
Germany. Germany Trade Balance. The value of the indicator has increased from €16.2B to €17.7B

An increase of the indicator value may contribute to the rise in quotes of EUR.

7 April
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 65.5K to 51.8K

A decrease of the indicator value may contribute to the fall in quotes of EUR.

4 April
ECB considers cutting rates or taking a pause at next meeting — Bloomberg

European Central Bank (ECB) officials are considering cutting rates or holding them steady at the April 17 meeting. Lowering borrowing costs is likely to bring the deposit rate to 2.25%.

4 April
ECB considers cutting rates or taking a pause at next meeting — Bloomberg
Trump’s tariffs to severely hit German industry — Reuters

Sweeping import tariffs announced by US President Donald Trump are expected to deal a massive blow to German industry. The IW research institute expects Germany’s economy to be dealt a €200 billion ($222 billion) blow during Donald Trump’s term.

4 April
Trump’s tariffs to severely hit German industry — Reuters

The European currency is one of the world's major monetary units. It has a crucial role to play in the global economy. Market participants constantly need to identify trends and forecast fluctuations in the euro exchange rate in order to make reasonable trading decisions.

Key drivers of the euro are the following:

  • Macroeconomic indicators such as consumer price indices (CPI), estimates of gross domestic product (GDP), and central bank decisions;
  • Political variables such as geopolitical stability and government policies.

Market manipulation by large investors has a significant impact on the exchange rate of the European currency. Their actions can both stabilize and greatly shake the money market. These may include:

  • large injections or withdrawals of currency from the market;
  • change in the general mood among investors, which often depends on economic and political conditions.

Investment activity monitoring can help to understand and predict trends in the movement of the European currency rates.

Forecasting the value of the euro is a challenging task. There are many reasons for this, including geopolitical and economic risks that make foreign exchange markets particularly susceptible to change. Minor political instability or financial crisis in certain countries may have a significant impact on the value of the European currency, emphasizing the need to carefully consider these factors when developing investment strategies.

Successful trading the Eurozone currency requires a comprehensive approach. Analyzing global political and economic circumstances, taking into account the influence of traders, and assessing risks are integral parts of the decision-making process for opening trading positions.