EUR/USD keeps the neutral outlook so far – UOB
FX Strategists noted EUR/USD’s outlook remains neutral for the time being. Key Quotes 24-hour view:
Financial and Business News
FX Strategists noted EUR/USD’s outlook remains neutral for the time being. Key Quotes 24-hour view:
Industrial Production in Germany unexpectedly dropped in April, the official data showed on Tuesday, suggesting
EUR/USD has been advancing as concerns about US inflation have subsided. Further gains? German optimism,
Friday’s release of the ‘good but not that good’ US May labour data showed a
Eurozone’s investor sentiment continues to improve as a trend in June, the latest data published
German Factory Orders dropped by 0.2% MoM in April, a miss. On a yearly basis,
EUR/GBP edges higher in the early European session. Pair moves in a broad trading channel.
EUR/USD stays muted on Monday in the Asian trading hours. US dollar remains subdued after
Payroll employment printed another subdued increase of 559K in May, disappointing consensus but up from
Breaching the 1.2150/60 support left the EUR/USD pair heavy and tilted towards the 1.2100 level.