EURUSD Driven Higher As Sentiment Improves, Industrial Production Surges
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EURUSD has traded higher today, as the effect of overnight USDSGD intervention (weakening the USD) and excellent European data in the morning session was enough to keep EURUSD buoyed despite strong USD data in the afternoon. The first major release of the day was Eurozone industrial production which outshone estimates with a very robust 0.9% MoM, 4.1% YoY expansion in February, well above the… | ||||||||||||||||||||
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