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2025-11-11 20:49:55
[Euro Recovers Ground and Rises Against the Dollar] ⑴ The euro rose against the dollar to 1.1572, turning positive for the day, rebounding from an earlier low of 1.1545. ⑵ Although Germany's November ZEW economic sentiment index was pessimistic, it was not taken seriously by the market, and the exchange rate rose within its recent range. ⑶ The agreement to end the US government shutdown boosted market risk appetite, providing support for the exchange rate. ⑷ The November ZEW survey showed that German investors remained pessimistic about the economic outlook, and the assessment of the current situation showed improvement less than expected. ⑸ The overall Eurozone economic sentiment index improved more than expected. ⑹ The US Senate passed a funding bill to end the longest government shutdown in history, lasting 35 days. ⑺ The bill will be submitted to Congress and is expected to be approved and sent to President Trump for signature as early as Wednesday.
