EUR/USD struggles to gain near 1.1000 mark ahead of US ISM PMI – by lilyfinancial EURUSD Majors Macroeconomics
European Central Bank President Christine Lagarde hinted at a possible pause in September.
About the data, Eurostat reported on Monday that the Eurozone Core Harmonized Index of Consumer Prices in July rose by 5.5% YoY and 5.3% for the headline CPI. The flash Q2Gross Domestic Product expanded by 0.3% QoQ and 0.6% YoY. Additionally, German Retail Sales for June increased by 1.6% year on year, compared to -6.3% expected and -2.1% prior, while the monthly figure fell to -0.8%, compared to -0.2% estimated and 1.9% previously.
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