The US jobs report brought the EUR/USD bears back in the game
Investors are subject to the feeling of Fear at the end of 2019. They seem to be willing to buy the euro against the dollar amid the expected end of the US-China trade war that should be followed by the recovery of the euro-area economy. However, any negative data encourage them to exit the euro longs. Germany’s industrial production fell an annual 5.3%, the most in a decade, suggesting that Germany is more likely to slide into a recession than it was though before. According to Bloomberg Economics,…
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