Comprehensive FX and Futures Daily Commentary
Daily Market Commentary EUR/USD Continues Descent The EUR/USD has tacked onto yesterday sharp decline as investors react to more negative data from the U.S. and EU. EU industrial production decelerated by -0.1% while analysts were expecting growth of 0.7%. The setback in industrial production is just another signal being sent by the global economy that a slowdown is digging in. The U.S. received more discouraging news today as weekly unemployment claims sprang up to 484k, well above analyst
