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Business / Finance

Dollar strengthens its position

MQL5: Blogs Traders 06.02.2019 at 12:05

Blogs traders and analyst of financial markets

EUR/USD

the Euro falls today to the low of the week at the level of 1.3908. The dollar has remained stable relative to peers, showing a weak reaction to the U.S. President Donald trump on the state of Affairs in the Union, which concerned trade matters and the budget, but gave investors some surprises. Euro falls below 1.14 against the U.S. dollar under pressure after published on Tuesday of a survey which showed that industrial production in Evrosouze fell to the lowest level since mid-2013. Data showed that retail sales fell in December as non-food sales and, in particular, online shopping has decreased, due to the sharp decline in purchases in Germany for the last 11 years. Statistical office of the European Union, said Tuesday that retail sales in the 19 countries of the Euro zone in December fell 1.6% month-on-month, which corresponds to the average forecast in a poll of economists by Reuters.