Day: June 29, 2017

Euro Declines Against US Dollar Despite Positive German CPI Data

The euro today declined against the US dollar despite the release of positive German CPI data as the US dollar rallied higher. The EUR/USD currency pair decline was further exacerbated by the release of positive US GDP data mid-European session. The currency pair lost over 20 points at the height of its decline, but had retraced some of its losses at the time of writing. The EUR/USD pair rallied higher during the Asian session to hit […]