GERMAN ZEW ECONOMIC SENTIMENT INDEX IMPROVES TO -8.5 IN JUNE VS. -13.0 EXPECTED

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  • Germany’s ZEW Economic Sentiment Index unexpectedly improved in June.
  • EUR/USD is testing highs above 1.0800 after the mixed ZEW surveys.

The German ZEW headline number showed that the Economic Sentiment Index unexpectedly improved in June, arriving at-8.5 from -10.7 seen in May while beating the market expectation of -13.0


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