Technical Analysis of EUR/USD for February 29, 2024

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29.02.2024 09:45 AM




EUR/USD Analysis: Delving into German Retail Sales DisappointmentKey Takeaways:Unexpected Monthly Decline: January's German retail sales unexpectedly fell month-on-month, contradicting market expectations of growth.Annual Sales Drop: The year-on-year decline was more significant than anticipated, though it showed a slight improvement from December's figures.Limited Market Reaction: Despite the disappointing data, the impact on the EUR and the DE40 was minimal, indicating a possibly cautious market sentiment.Fundamental Analysis: German Retail Sales in FocusThe release of the German retail sales report for January provides




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Pentru mai multe detalii, va invitam sa vizitati stirea originala.