New orders in the US fell to their lowest level in just over two and a half years in December. S&P Global’s flash US Composite PMI Output Index dropped to 44.6 this month. Both the Fed and the ECB signaled more rate hikes to come. Today’s EUR/USD outlook is bullish as investors digest poor economic … Continued
The post EUR/USD Outlook: Poor US Data Points to Slowing Economy appeared first on Forex Crunch.
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