EUR/USD: poor US data triggers dollar sell-off

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.1440 View Live Chart for the EUR/USD Markets are replicating Tuesday's behavior today, with risk aversion dominating the Asian session, European equities opening lower, and the EUR/USD pair advancing to a fresh high of 1.1427, but unable to rally. During the European morning, macroeconomic data showed that Industrial Production in the EU fell by 0.5% in August, whilst inflation readings in Italy, France and Spain, all came out negative, although failed to affect the

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