EUR/USD Outlook: Better Than Expected German Data Inflate Euro But Thick Daily Cloud Weighs
<p>The Euro rose to 1.09 handle on Monday, inflated by better than expected German Ifo data (May 79.5 vs 74.2 previous and 78.3 f/c). German business morale improved in May as pandemic restriction eased, signaling the economy takes recovery path following dramatic fall previous months, with GDP data, released earlier today (Q1-2.2% from -0.1% previous […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/297754-eur-usd-outlook-better-than-expected-german-data-inflate-euro-but-thick-daily-cloud-weighs/">EUR/USD Outlook: Better Than Expected German Data Inflate Euro But Thick Daily Cloud Weighs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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