EUR/USD slides down from 1.133787 to 1.1233, taking a 104 pips loss (-0.92%)
Germany Trade Balance fall short of the 10.0B projections, with 3.2B and continued its downward trajectory from previous figure of 12.8B. While down from preceding data of 0.4%, France French Non-Farm Payrolls (QoQ) (Q1) is better than expected at -2.0% according to new data released Thursday 5:30 AM
Euro Zone Consumer Price Index is scheduled for Wednesday 9:00 AM. Things might be looking up as Germany Producer Price Index is projected to out perform last figure with -0.3% while it previously stood at -0.7%, data will be released Friday 6:00 AM. Germany German ZEW Current Conditions (Jun) is projected to out perform last figure with -84.7 while it previously stood at -93.5, data will be released Tuesday 9:00 AM.