The euro free fall continues, as EUR/USD has dropped to lows not seen since July 2010. Weak business climate and manufacturing data out of Germany pushed the pair downwards, and the inconclusive, unimpressive EU Summit was of no help to the beleaguered currency. There are numerous Euro-zone releases this morning, along with two key indicators out of the US – Core Durable Goods Orders and Unemployment Claims.
Here’s an update on technicals, fundamentals and what’s going on in the markets.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-outlook-may-24-euro-slides-on-weak-german-data/"]EUR/USD Sliding on Weak German Data, Grexit Worries[/URL][/I][/B]
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