Daily Update - 18th June 2019
The EUR/USD pair edged higher Monday, although the advance was quite limited with action restricted throughout the forex board ahead of the Fed's decision later this week. The greenback held near its recent highs, as the latest US consumer-related data suggested that the economy remains resilient, generating doubts about how dovish the Fed could be when policymakers meet this week. On Tuesday, the major data will be from Germany & Euro Zone such as the ZEW Economic Sentiment which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimisticYesterday’s Market
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