XE Market Analysis: North America – Feb 22, 2019

The Dollar has been trading mixed so far today in a forex market lacking a clear directional theme. EUR-USD been making time in the mid 1.1300s, holding within yesterday’s 1.1320-1.1366 range. The February German Ifo survey came in below forecasts, at 98.5 in the headline reading, down from 99.1 and the lowest since 2014, with both current conditions and expectations components showing declines. The data painted a more downbeat picture than this week’s flash February PMI reports for the Eurozone did.

Source: XE news feed
XE Market Analysis: North America – Feb 22, 2019