The EUR/USD pair moved sideways after Eurostat published better-than-expected economic numbers on Tuesday. The report revealed that the economy avoided a recession narrowly in Q4 as it stagnated. It expanded by 0.1% on a YoY basis, higher than the expected 0.0%. In Spain, the economy expanded by 2.0% in Q4 while in France, it rose by just 0.6%.
The other important data came from the United States, where the Conference Board published this month’s consumer confidence data. The agency revealed that confidence rose from 108 in December to 114.7 in January, lower
The other important data came from the United States, where the Conference Board published this month’s consumer confidence data. The agency revealed that confidence rose from 108 in December to 114.7 in January, lower