Euro erases today's gains loses 87 pips, trading lower at 1.2167 after 5 months and a half high .
A bearish end to the trading week, after starting the week at 1.2192, EUR/USD went up to 1.2254 only to drop back to mid point range and now trades at 1.2167. (Start trading Euro/Dollar at FXTM today).
On the flip side data for Germany Unemployment Change released Tuesday comes out at -15,000, beating projections of -9,000 and showing improvement over the preceding figure of 8,000.
Meanwhile, Euro Zone Retail Sales fall short of the -1.2% projections, with -3.1% and continued its downward trajectory from previous figure of 3.3%. Data for Germany IHS Markit Construction PMI (May) was released today at 7:30 AM suggests a downwards trend with 44.5, while previous data was 46.2.
However positive performance can be seen looking at other symbols as EUR/NZD hits 1.701, highest price in 4 months. After 4 months hiatus, EUR/AUD is back at 1.5851 levels. After 2 months hiatus, Dollar/Yen is back at 110.33 levels.