EURUSD Breakdown (19 May 2020)

Title : EURUSD Breakdown (May 19, 2020)

Broker : Tickmill

Description : EURUSD Daily Outlook – On Monday, biotech company Moderna reported positive data on early-stage coronavirus vaccine trial, making its shares skyrocket and lift the rest of the market up with it as well. Meanwhile, we found out that Japan’s economy contracted at an annualized pace of 3.4% from January till March. On Tuesday we’ll be looking at the UK employment change, as well as the Euro area’s ZEW economic sentiment index.

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