XE Market Analysis: Euro Slides as ECB Signals Rates on Hold ‘til After Summer 2019

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OVERVIEW

  • Euro falls over 1% on ECB interest rate guidance.
  • US Dollar rallies after Fed signals extra hike and strong retail sales.
  • GB Pound firms after retail sales jump again.
  • Canadian Dollar weakens on trade concerns.
  • China holds fire on rates, posts worryingly weak activity growth.

HIGHLIGHT