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Euro Underperforms Amid Weak German Consumer Sentiment; Gold Gains Momentum

Euro Underperforms Amid Weak German Consumer Sentiment; Gold Gains Momentum
Euro is trading lower across the board today, additionally dragged down by weaker-than-expected consumer sentiment data out of Germany. This latest indicator has added fuel to concerns that Eurozone’s largest economy may become a drag on the broader region, heightening risk of a looming recession. Meanwhile, Dollar and Swiss Franc also demonstrated weakness, but this […] The post Euro Underperforms Amid Weak German Consumer Sentiment; Gold Gains Momentum appeared first on Action Forex... Read More
Posted: Aug 29 2023, 06:45
Author Name: actionforex
Views: 110637

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