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Better-than-Expected European Data Failed to Stop Euro’s Decline
Weak Chinese manufacturing data put pressure on the single currency as Europe, particularly Germany, is highly correlated with China. However, the Eurozone’s data is not so bad today. The number of unemployed in Germany rose by 9K, down from 23K and 19K in the previous two months. Unemployment is rising much more slowly than in […] The post Better-than-Expected European Data Failed to Stop Euro’s Decline appeared first on Action Forex...
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Posted: May 31 2023, 12:02
Author Name: actionforex
Views: 081456