Market Overview

EUR/USD Higher, BBK Says German Growth to Continue


EUR/USD is trading at 1.1168, up 0.0019.

The pair is trading rangebound and a little under the session highs.

Market talk about Europe's economy and money flows is making the rounds.

Germany's Bundesbank (BBK) monthly report was just released. The central bank said Germany is set to grow in line with the strong ongoing trend over the summer. The BBK said there was limited impact seen on the German economy from Brexit and the moderate upturn in Euro area growth would continue. The BBK also said the global economy needs reform not stimulus from the public sector.

Posted-In: EUR/USD euroFutures Forex Markets


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