EURUSD Price Remains Fragile After German Industrial Production Slumps

In June the German Bundesbank lowered their 2019 German GDP forecast to just 0.6% from the 1.6% forecast it made in December 2018, highlighting ongoing trade concerns. The latest German GDP numbers are released next Wednesday.

今年6月，德国德国央行将2019年德国GDP预测从2018年12月的1.6％预测下调至0.6％，凸显了持续的贸易担忧。德国最新的GDP数据将于下周三公布。

Keep up to date with all key economic data and event releases via the DailyFX Economic Calendar

通过DailyFX经济日历了解所有关键经济数据和事件发布日期

The German government bond yield curve, a closely-watched indicator of interest rate and inflation expectations and the eurozone proxy, is now negative all the way out to 30-years, effectively meaning that investors are locking in losses for the right to buy German debt.

德国政府债券收益率曲线，一个备受关注的利率和通胀预期指标以及欧元区代理人，现在已经走到30年不利，实际上意味着投资者正在锁定权利购买德国债券。

The daily EURUSD chart shows Monday‘s sharp gains being eroded with further downside all the way back to the 1.1100 level possible. There are a few recent highs between 1.1152 and 1.1162 that may slow any sell-off, while to the upside yesterday’s 3-week high at 1.1250 is unlikely to be tested in the short-term unless the US dollar falls sharply.

每日EURUSD图表显示周一的大幅上涨受到进一步下行的影响，一直回到1.1100水平可能。 1.1152和1.1162之间的近期高点有可能减缓任何抛售，而在昨天的3周高点1.1250上方，除非美元大幅下跌，否则短期内不太可能进行测试。

EURUSD Daily Price Chart (November 2018 – August 7, 2019)

EURUSD每日价格图表（2018年11月 - 2019年8月7日）

IG Client Sentiment data shows traders are 55.0% net-long EURUSD, a bearish contrarian bias. However, recent daily and weekly positional changes suggest that EURUSD may soon reverse higher.

IG Client Sentiment数据显示交易商净多头欧元兑美元为55.0％，这是一个看跌的逆势偏见。然而，最近的每日和每周位置变化表明欧元兑美元可能很快反转走高。