EUR Daily Review for May 7, 2018
|Eurozone PMI Confirms Cooling Growth; EURUSD Weakness Set to Continue|
|Norwegian Air Shuttle said it has rejected two conditional takeover offers from British Airways parent IAG.|
|The Euro correction has continued, and EUR/USD is testing below the vaulted 1.2000 level. As the economic backdrop in Europe continues to slow, the possibility|
|It would seem a rudimentary consideration of trading FX that traders pursue naturally – without concerted thought or strategy.|
|The EUR/USD pair fell again during Friday trading, breaking down below the 1.1950 level. That of course is a negative sign, but we did recover a bit going in…|
|The Euro continues to inch upward against the British Pound but the dominant price trend continues to favor a downside bias for the single currency.|
Have a nice trading!