EUR/USD analysis for August 12 2020 – EUR is in the C leg with potential completion and the upside rotation
Eurozone June industrial production +9.1% vs +10.0% m/m expected Prior +12.4%; revised to +12.3% Industrial production WDA -12.3% vs -11.6% y/y expected Prior -20.9%; revised to -20.4% Similar to May, the rebound in euro area factory output was less-than-expected but still shows signs of improvement since bottoming out in April. That said, the recovery remains […]