XE Market Analysis:The Euro Defies Beijing, Brexit and Berlin as it Clings to Key 1.16 Level

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OVERVIEW

  • The US Dollar is unsettled with the DXY Index down 0.13% due to geopolitical risks 
  • The Euro remains calm despite the ZEW Indicator at a 6-year low
  • NYMEX WTI Crude is holding steady at $71.50 a barrel

HIGHLIGHT