Euro Fails to Rally amid US-China Trade Spat, Macroeconomic Data Doesn’t Help

May 14,2019 23:14   Source:Earnforex
The euro attempted to rally today but reversed movement against most of its rivals later, erasing gains against some of them outright. Traders remained cautious about the ongoing US-China trade conflict, while mixed macroeconomic data was not helping the currency either. The day started with a positive data in Germany as Destatis reported that the consumer price index rose 1.0% in April from the previous month — the same as in March […]

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