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Forex Analysis: The EUR/USD fell again, We expect a turn upwards,

Forex Analysis: The EUR/USD fell again, We expect a turn upwards,

Euro

The euro continued its decline and fell to the new two-year low against the dollar. The Germany import prices fell by 0.5% m / m in November and 1.9% y/y after -0.3% m/m, -1.2% y/y in October. According to the initial assessment, the Eurozone consumer confidence index rose slightly in December by 11.0 vs. -11.6 previously and the final French GDP evaluation for the third quarter will fix the earlier results announcement, + 0.3% q/q.

The EUR/USD fell again, We expect a turn upwards,

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