EUR/USD Forecast March 1-5 - Euro sags below 1.21 at end of week

EUR/USD was down sharply on Friday and posted a losing week.
There are seven events on the calendar this week, including PMIs and eurozone inflation.
H
ere is an outlook at the highlights and an updated technical analysis for EUR/USD.
German Ifo Business Climate improved to 92.4, up from 90.1. This marked a 5-month high. However, German GfK Consumer Climate came in at -12.9, marking an 11th successive decline. France, the second-largest economy in the eurozone, showed a 1.4% contraction in GDP in Q4 of 2020. Eurozone headline CPI gained 0.9% and the core reading climbed 1.4% in January. This confirmed the original estimate.

Related Keywords

Germany ,Italy ,Australia ,Canada ,France ,Spain ,Aussie ,German ,Canadian , ,Services Pmis ,Ifo Business Climate ,German Gfk Consumer Climate ,Fed Chair Powell ,Durable Goods ,Core Durable Goods ,Retail Sales ,Factory Orders ,ஜெர்மனி ,இத்தாலி ,ஆஸ்திரேலியா ,கனடா ,பிரான்ஸ் ,ஸ்பெயின் ,ஆஸி ,ஜெர்மன் ,கனடியன் ,இபோ வணிக காலநிலை ,ஊட்டி நாற்காலி போவல் ,நீடித்த பொருட்கள் ,கோர் நீடித்த பொருட்கள் ,சில்லறை விற்பனை ,தொழிற்சாலை ஆர்டர்ஸ் ,