💶 EUR/USD Holds Below 1.1600 After Weak German Data
EUR/USD is trading slightly lower this Friday, struggling to reclaim 1.1600 after Germany’s Retail Sales fell -0.3% MoM in October, signaling softer consumer activity in Europe’s largest economy.
🔍 Key Market Points
• Pair stays under 1.1600 with mild bearish pressure
• German retail decline highlights continued economic slowdown
• Euro demand remains limited as growth concerns persist
• Trading likely to remain muted later today with US markets closing early for Black Friday
💬 Trader’s View
EUR/USD sentiment remains fragile. As long as price stays below 1.1600, buyers may struggle to gain momentum. Market volatility could stay low during the US session.
#euro##EUR/USD##forextrading##forexmarket#
Edited 28 Nov 2025, 18:29
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