The EURUSD pair rose from 1.1845 to 1.1885 on Thursday, July 29. The gains were driven by strong macro data out of Germany and the US. In Germany, the Harmonized Index of Consumer Price in July showed an increase of 3.1% YoY, overshooting the median consensus that called for 2.9%. Stateside, 2Q GDP fell considerably short of the consensus forecast, coming in at 6.5% YoY compared to 8.5% expected.
30 July, 01:34