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Germany: ZEW Survey – Economic Sentiment rises to 48.2 points in February

German Survey – Economic Sentiment increased to 48.2 points in February, from 31.5 points registered in January, the Zentrum für Europäische Wirtschaftsforschung informed on Tuesday. This result is more positive than the rise to 35 points predicted by analysts and it is the highest since April 2010 when it stood at 53 points.

ZEW Survey – Current Situation fell to 5.2 points from 7.1 points and against expectations of an increase to 9 points.

Forex: EUR/USD jumps above 1.3370 after ZEW

The bloc currency is printing fresh highs in the proximities of 1.3370/75 after the mixed results from the German ZEW Survey for the month of February: Economic Sentiment rose to 48.2 vs. 35.0 expected, while...
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Forex: EUR/GBP in quick comeback to 0.8630 after ZEW survey

The British Pound is trading overall stronger than the Euro today, which is putting the EUR/GBP below its opening price. However, improving figures in the ZEW survey brought the cross back to flat line at 0.8630, before easing back down. As of writing, the EUR/GBP trades at 0.8624.
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