European Outlook: DAX 30 Breaking Down, EUR/USD Suffering From Rising Yields
European Outlook: DAX 30 Breaking Down, EUR/USD Suffering From Rising Yields Key Talking Points: EUR/USD at risk of falling below 1.20 as rising yields underpin the US Dollar DAX 30 Levels The German DAX managed to regain some bullish momentum in yesterday’s session. The selloff at the end of last week saw the index back at its current support as buyers are struggling to remain in control. The latest retail sales data for Germany helped the DAX 30 push higher in yesterday’s session as the monthly figure came in at 7.7%, beating expectations of just 3% after the country started to unwind s...
Source: dailyfx.com