Euro Rallies on Weak US Manufacturing Data and Inverted US Yields

Jun 03,2019 16:15   Source:Earnforex
The euro today rallied against the US dollar following the release of disappointing US manufacturing PMI in the American session. The EUR/USD currency pair kept up it bullish momentum from Friday as markets remained worried about the inverted US yield curves and the possibility of a Fed rate cut. The EUR/USD currency pair today rallied from a low of 1.1159 in the early European session to a high of 1.1244 in the American session and was near these highs […]

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