Categories: Market Overview

Midday EUR roundup

A single currency continues its recovery to the dollar in the morning on Friday, increased above 1.1410 at one point.

Bullish: confirmed increasing in inflation for euro area to 2.1% in July; continued markets recovery on trade talks between China and the U.S.

Bearish: growth in Italian bond yields; renewed pressure to TRY; the five months decline in eurozone’s current account surplus.

Next focus on: U.S. UoM Consumer Sentiment

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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