Malaysia
2025-07-28 20:39
IndustryOutlook for the future
Short-term outlook:
The short-term trend of the euro faces great uncertainty. Although the fundamentals have not deteriorated significantly, the technical support has been broken quickly, and a short-selling structure has taken shape. Analysts believe that if the GDP and inflation data of the euro zone continue to be weak this week, it may stimulate the market to reassess the policy path of the ECB and increase expectations for a rate cut in September. At that time, the euro may test the area below 1.1600;#SharingTradingMistakesAndGrowth#BrokerEvaluation
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Outlook for the future
Short-term outlook:
The short-term trend of the euro faces great uncertainty. Although the fundamentals have not deteriorated significantly, the technical support has been broken quickly, and a short-selling structure has taken shape. Analysts believe that if the GDP and inflation data of the euro zone continue to be weak this week, it may stimulate the market to reassess the policy path of the ECB and increase expectations for a rate cut in September. At that time, the euro may test the area below 1.1600;#SharingTradingMistakesAndGrowth#BrokerEvaluation
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