Euro Slides as German Retail Sales Data Fails to Impress Markets
Thursday, 28 March 2024, 15:02
Euro Falls After German Retail Sales Disappoint
The EUR/USD pair saw a decline following the release of below-par German Retail Sales data, stirring concerns about the Euro's performance.
Key Highlights:
- EUR/USD: Experienced a sell-off after the disappointing sales report.
- Support Level: Breached the key level at 1.0800, signaling bearish sentiment.
- Market Impact: Investors worried about the economic health of Europe.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.