On Demand

TraderPlanet Market News Forex

Comments On The Euro Outlook - Christopher Vecchio, Currency Analyst For DailyFX

Germany's unemployment report may generate a more meaningful rebound in the EUR/USD should the data highlight an improved outlook the euro-area's largest economy. Despite expectations of seeing the ECB implement more non-standard measures at the September 4 meeting, a further decline in unemployment may keep the Governing Council on the sidelines, and a further improvement in the economic outlook may limit the downside risks for the EUR/USD as market participants scale back bets for more non-standard measures.

Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.