Tuesday , 12 December 2017

Home » RESOURCES » FOREX » Global macro overview for 09/11/2015

Global macro overview for 09/11/2015

Global macro overview for 09/11/2015:

The sentix Economic Index for the euro area continues rising, gaining 3.4 points to 15.1 points in November. The previous reading of 11.7 points was easily beaten as the eurozone’s recovery is back on track, especially in Germany and Switzerland while Austria lags behind a little. A reason for rising economic expectations is gaining confidence in Asian markets as the Chinese administration has been successful in restoring confidence in the potential of the Chinese economy.

The rising confidence in global recovery and Friday’s NFP data was the main reason for the US Dollar index’ bullish breakout. Currently, the support is seen at the level of 98.34 and resistance is seen at the level of 99.98.

dxy.jpg

The material has been provided by InstaForex Company – www.instaforex.com

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Global macro overview for 09/11/2015 Reviewed by on . Global macro overview for 09/11/2015:The sentix Economic Index for the euro area continues rising, gaining 3.4 points to 15.1 points in November. The previous r Global macro overview for 09/11/2015:The sentix Economic Index for the euro area continues rising, gaining 3.4 points to 15.1 points in November. The previous r Rating:
scroll to top