EUR/USD is trading sub-1.0800, confined to a tight intraday range although at fresh multi-month lows, having extended its decline to 1.0777. Valeria Bednarik, Chief Analyst at FXStreet, reviews the lastest data released which has impacted the pair. Key quotes “German data released this Thursday failed to impress, as the GFK Consumer Confidence Survey came in at 9.8 in March as expected, but below the previous 9.9. The country Producer Price Index for the same month rose by 0.8% MoM, much better than the 0.2% expected, and was up by 0.2% YoY, also beating the market’s expectations.” “The US has just released unemployment claims for the week ended February 14, which came in as expected at 210K, and the Philadelphia Fed Manufacturing Survey, which resulted at 36.7 against the expected 12 and the previous 17.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD New York Price Forecast: Euro consolidates losses near 34-month lows, trades near 1.0800 level FX Street 2 years EUR/USD is trading sub-1.0800, confined to a tight intraday range although at fresh multi-month lows, having extended its decline to 1.0777. Valeria Bednarik, Chief Analyst at FXStreet, reviews the lastest data released which has impacted the pair. Key quotes “German data released this Thursday failed to impress, as the GFK Consumer Confidence Survey came in at 9.8 in March as expected, but below the previous 9.9. The country Producer Price Index for the same month rose by 0.8% MoM, much better than the 0.2% expected, and was up by 0.2% YoY, also beating the market’s expectations.” “The US has just… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
