EUR/USD analysis for August 04 2020 – First upside target reached at 1.1850 but still more room for the upside towrads 1.1900
Latest data released by Eurostat Prior 0.6% PPI -3.7% vs -3.8% y/y expected Prior -5.0% Producer prices improved a little once again in June but are still largely subdued relative to a year ago. The data here is a proxy for inflation pressures in any case and is a lagging indicator, so not much else […]
