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EUR/USD Bullish Potential Is Limited


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The US economy kept growing in April but at a slower than expected pace.
German Retail Sales unexpectedly rose by 11% YoY in March.
EUR/USD has retained the 1.2000 threshold, but its bullish potential is limited.
The EUR/USD pair trades around 1.2060, up for the day, holding near a peak at 1.2075. Markets started the week in slow motion, as China, Japan, and the UK celebrated bank holidays. Nevertheless, investors were mildly optimistic, with most European and American indexes closing in the green. Wall Street was mixed, as US data indicated growth, but missed expectations. The final reading of the April Markit Manufacturing PMI resulted in 60.5, below the 60.6 expected. The official ISM Manufacturing PMI for the same month came in at 60.7, well below the 65 expected and the previous 64.7. ....

United States , United Kingdom , Retail Sales , April Markit Manufacturing , March Retail Sales , April Manufacturing , March Goods Trade , Term Technical , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , சில்லறை விற்பனை , ஏப்ரல் மார்க்கிட் உற்பத்தி , அணிவகுப்பு சில்லறை விற்பனை , ஏப்ரல் உற்பத்தி , கால தொழில்நுட்ப ,