EUR/USD: pair continues slow decline towards 1.0525

Forex analytics: Current trendDuring this month, the EUR/USD pair has been trading within a descending channel despite a decline in the US Dollar against its other major counterparts. The European currency came under pressure from poor macroeconomic data, released in the EU.This week, the pair managed to gain back some of its losses and reached the level of 1.0900 amid a decline in the demand for the US ...