EUR/USD: German economy is losing momentum. Fundamental analysis for 08.07.2016

Forex analytics: According to the minutes of FOMC meeting released yesterday, at the meeting, which was held before the UK referendum, Bank’s executives warned that the exit of the UK from the EU could have significant negative consequences for economic growth in the Eurozone. Yesterday’s German data on the industrial production for May was also negative (-1.3% against expectations of zero growth), and the US ...