EUR/USD Gains Momentum as US Data Disappoints, Dovish Sentiment Grows
EUR/USD shows a robust increase of more than 0.51% on Tuesday, driven by a declining US Dollar, as data strengthened traders’ expectations that the Federal Reserve could lower rates at the upcoming December meeting. Currently, the pair is trading at 1.1579, approaching the 1.1600 level. EUR/USD moves upward as stable PPI and disappointing Retail Sales … Read more