A pivotal day unfolds for the global economy with key figures from the US and Germany. As we delve into the specifics, the market keenly observes the delta in new home sales across the Atlantic, while the Eurozone attempts to gauge business sentiment amidst uncertain economic conditions. These data points are integral in painting today's macroeconomic landscape, setting the stage for potential currency movements across forex markets.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| New Home Sales (Aug) | 2025-09-24 14:00:00 | 0.664M | 0.8M | 0.65M | +0.136M (+20.48%) | High |
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Ifo Business Climate (Sep) | 2025-09-24 08:00:00 | 88.9 | 87.7 | 89.3 | -1.2 (-1.35%) | High |
โ The US economic data underscores strength in the housing sector, fostering USD support and possibly leading to a firmer dollar. โ ๏ธ In contrast, the Eurozone's wavering business confidence might be a headwind for the EUR, implying a divergent economic trajectory thus hinting at support for USD while posing challenges for the EUR.