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Thomson Reuters
Feb 06 - 08:36 PM
EUR/USD - Possible ECB Shift, Italy & Germany Concerns Pressure EUR/USD
First appeared on eFXplus on Feb 06 - 01:45 PM
  • German Dec industrial orders a big downside surprise; EZ core weakening
  • MNI sources report could adjust rate guidance if data remains weak
  • ANSA reports European Commission to lower Italy 2019 GDP to 0.2% nL5N20174U]
  • US$ bid emerges late in the day to add further bear pressure to EUR/USD
  • Pair nears daily cloud base, RSIs biased down, techs growing bearish
  • Slow grind lower for EUR/USD is likely to extend nL1N2010T3

chart: Click here

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