EUR/USD Risks Further Losses as Growth Outlook Deteriorates

EUR/USD extends previous day’s decline as the ZEW Confidence Survey slips to 44.3 from 61.8 in July; marking the second-lowest reading for 2014. Remains at risk for a further decline as Euro-Zone 2Q Gross Domestic Product (GDP) report is expected to show a slowdown in growth. DailyFX Specu…

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EUR/USD Risks Further Losses as Growth Outlook Deteriorates