The euro tries to defy a break below 1.07 as euro area economic data continues to paint a bleak picture. EUR/USD could be in for more pain if the ECB does not raise rates.
<p>Eurozone retail sales dropped -11.2% mom in March, slightly above expectation of -12.0% mom. By sector, volume of retail trade decreased by -23.1% mom for non-food products and by -20.8% mom
Leave a Comment