Industrial production in eurozone fall down -6.7% YoY vs -3% exp. and 1.2% growth previously
- On monthly basis industrial production came in -3.2% vs -1.8% and 2.6% growth previously
We haven't seen any volatility spike on EURUSD after weak macro readings from the eurozone, signalling further deindustrialization and headwinds for GDP growth.
Source: xStation5
Daily summary: Dollar rout after NFP, Gold back on the rise
The dollar sinks after labor market data๐ฒ๐
NFP much below expectations! ๐จEURUSD spikes ๐
Dollar and Nasdaq facing a key test