In the pair trading EUR / USD the European session today (12-02), the euro continued to weaken again against the U.S. dollar and are in the range of 1.3610.
Euro, the less desirable forex investors, along with the signal showing a decline in economic performance both in Germany and France.
The latest information about indicators of preliminary French Non-farm payrolls q / q has just been released by INSEE showed a decrease in performance on the French labor sector, after earlier Destatis announced that the quarterly German GDP fell to 0.0% from 0.7%.
French preliminary indicators Non-farm payrolls q / q increase reported to be – 0.40% where previously estimated to rise to – 0.20% from the previous value of – 0.60%. Over the low achievement of this expectation of negative response by investors in forex trading.
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- Outperform Euro Yen, Improved impact of French Industry.
- Dollar Pressured Sterling, U.S. Labor Sector Worsens