In the short term, the EUR/USD consolidates its greatest daily weekly losses. China’s PMI from Caixin Services and remarks from Fed policymakers suggest that a corrective retreat is warranted. Bears hope to face Sino-US tensions over Taiwan and fears of Fed aggression. The EUR/USD outlook shifts to slightly bearish as the pair retraced from monthly … Continued
The post EUR/USD Outlook: Intraday Gains Capped amid Taiwan Concern appeared first on Forex Crunch.
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