EUR/USD remains lackluster around parity, US Retail Sales, Fed bets eyed – by anilpanchal7 EURUSD ECB Fed Recession Energy
ajor currency pair fails to cheer hawkish comments from the European Central Bank policymakers, as well as the European Commission’s release of an energy plan. The reason could be linked to the expectations of more geopolitical tension with Russia and the hawkish Fed hopes.
Talking about the data, Eurozone’s Industrial Production fell 2.3% MoM in July versus the 1.0% expected contraction.
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