Back To Top

November 12, 2024

EUR/USD backslides on thin Monday volumes

EUR/USD slid to a fresh 30-week low on Monday, kicking off the first trading session of the week with a 0.6% decline. Fiber extended losses below the 1.0700 handle as Euro bulls evaporate as markets await key US Consumer Price Index (CPI) inflation and a fresh update to pan-European Gross Domestic Product figures, both of which are slated to publish during the back half of the trading week.

Prev Post

USD/CHF, silver: Fed rate cut hopes fading as Trump win…

Next Post

GBP/USD falters ahead of UK labor and wages data dump

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment