Euro Soft as Domestic Data Hurts

Jun 19,2019 19:16   Source:Earnforex
The euro was soft today. While the currency managed to gain on the US dollar thanks to the dovish Federal Reserve, unfavorable domestic macroeconomic data prevented the euro from rising against other most-traded rivals. The German Producer Price Index fell 0.1% in May from the previous month. That is compared to the median forecast of a 0.2% increase and the 0.5% gain registered in April. The eurozone current account surplus shrank to €21 billion in April […]

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