EUR/USD Outlook: Euro in Defensive after Surprise Retail Sales Beat Inflates Dollar

<p>The Euro fell in early US trading on Tuesday after massive US retail sales surprise (May 17.7% vs Apr -14.7 and 8.0% f/c) inflated dollar. Significantly better than expected data sideline expectations for Fed introducing negative interest rates that would further boost the greenback, as markets expect fresh signals from Fed’s Powell testimony today.  Fresh […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/303832-eur-usd-outlook-euro-in-defensive-after-surprise-retail-sales-beat-inflates-dollar/">EUR/USD Outlook: Euro in Defensive after Surprise Retail Sales Beat Inflates Dollar</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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