- Euro extends the upside to the vicinity of 1.1040 against the US Dollar.
- Stocks in Europe keep the mixed bias in the European afternoon.
- EUR/USD looks to consolidate the breakout of the 1.1000 mark.
- EMU Flash headline Inflation Rate extended its downward trend in July.
- Germany’s Retail Sales contracted 1.6% YoY in June.
The Euro (EUR) is continuing to maintain its recovery against the US Dollar (USD) that began on Friday, which is causing EUR/USD to extend its upward trend after breaking through the important 1.1000 level at the start of the week.
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