Euro gains bearish traction in the near term and could reach fresh weekly lows EUR EURUSD $EUR $EURUSD
The June flash S&P Global PMIs came in worse than anticipated, fueling the market’s concerns.EUR/USD gains bearish traction in the near term and could reach fresh weekly lows.
trimmed most of its weekly gains on Thursday, hovering around 1.0530 while heading into the last trading day of the day. The American dollar benefited from a souring mood that weighed on high-yielding assets. The dismal sentiment was triggered by more comments from FOMC’s leader
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