Another set of data from German was surprisingly weak. The industrial production dropped by almost 4 per cent on the yearly basis in December. Crucial day for the pound (Brexit issues, the Bank of England meeting) and the euro (New European Commission economic estimates). The zloty is pressured by the weak economic conditions in the leading eurozone countries. The dollar is approaching the 3.80 mark.
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6 Feb 2019 9:11
Weak data from Germany (Morning video analysis 6.02.2019)
Another set of data from German was surprisingly weak. The industrial production dropped by almost 4 per cent on the yearly basis in December. Crucial day for the pound (Brexit issues, the Bank of England meeting) and the euro (New European Commission economic estimates). The zloty is pressured by the weak economic conditions in the leading eurozone countries. The dollar is approaching the 3.80 mark.
See also:
Weak data from Germany (Morning video analysis 6.02.2019)
Limited volatility (Afternoon video analysis 5.02.2019)
The dollar remains relatively strong (Morning video analysis 5.02.2019)
In anticipation for the Fed's signals (Afternoon video analysis 4.02.2019)