Fundamental Forex Analysis - EURUSD
The fundamental forex analysis for the euro to dollar currency pair kicked off this morning with the French Preliminary Non Farm Payroll data which came in better than expected at -0.5% against a forecast of -0.7% - naturally not as important as the US Non Farm Payroll but nevertheless an indication that things may be improving in Europe. This was followed by the more significant CPI, and Core CPI Data for the whole of Europe both of which came in worse than expected at -0.7% and 1.3%
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