Euro Drops on Market Sentiment and Weak German Factory Data

May 07,2019 21:23   Source:Earnforex
The euro today fell against the US dollar as market risk sentiment remained subdued due to the uncertainty associated with the Sino-US trade negotiations. The EUR/USD currency pair also fell due to weak German factory data, which painted a gloomy picture of the eurozone’s largest economy, and the euro area at large. The EUR/USD currency pair today fell from a high of 1.1217 in the Asian session to a low of 1.1165 in the American session and was near these […]

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