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EUR/USD Signal - German Retail Sales - 29 Mar 2019

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The Euro is trading little changed near 1.1240 ahead of the German retail sales and unemployment rate. The German retail data is expected to show the private consumption dropped 0.9 percent. Meanwhile, the ECB pushed out rate hike plans to 2020, signalling it might cut rates again.

eurusd signal 29 mar 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.