Speculation Weakening German Economy, Yen Press Euro

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In the pair trading EUR / JPY European session this afternoon (05-02) moves observed weakening euro against the Japanese yen and was in the range of 122.71. Forex investor interest against the euro began to decline in line with the speculations of German economic performance decline.
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Information about Germany indicators Industrial Production m / m will be released by Destatis expected to show a decrease in performance in the manufacturing sector. Indicators Germany Industrial Production m / m is expected to decrease to 0.60% from the previous value of 0.70%. This negative response by investors in forex trading.

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categories Forex | admin | datetime February 5, 2010 5:53 pm

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