The renewed bid against the single currency keeps the downward pressure in the EUR/USD intact and so the pair falls near the multi-day low close to the 1.1320. The pair drops its third consecutive session on Tuesday as the greenback recovers and the dollar index is on the way to 97.00.
The pair is increasingly skeptical of a potential US-China trade deal in the coming weeks, while risk appetite is also easing.
From the eurozone, we expect the service PMIs and retail sales. In the afternoon, there is the ISM non-production from the US economic calendar.
The ongoing rally in the single currency is mainly due to the USD momentum. The euro continues to focus on developments in US-China trade talks.
Latest Forex News, Analysis & Market Moving Events:
Important Categories Of News Section:
Forex Indicators & EAs:
Free Forex eBooks:
Forex Brokers Reviews:
More Forex Indicators & EAs:
Forex Trading Strategies:
Cryptocurrency Live Charts: