EURUSD Daily Analysis, August 28
EURUSD currency pair floats around 1.1090 after German data.
The pair failed to capitalize on its early uptick yesterday and at last settled with humble losses beneath the 1.1100 round figure mark, withdrawing more from almost 2-week tops set in the past session.
US-China trade tensions stay unabated and keep on driving the sentiment in the markets.
Meanwhile, the EUR posted on the response after Italy appears to have turned away snap elections until further notice, as the M5S and the PD have continued talks to establish a coalition government. Simultaneously, both parties consented to instate G.Conte as PM again.