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Research Market Outlook Forex: Euro Struggles On Deepening Recession- ECB Rate Cut On Horizon

The Euro is struggling to hold its ground on Friday amid the slew of dismal data coming out of the region, and the single currency remains poised to face additional headwinds over the remainder of the year as the deepening recession dampens the outlook for growth and inflation.

The Euro is struggling to hold its ground on Friday amid the slew of dismal data coming out of the region, and the single currency remains poised to face additional headwinds over the remainder of the year as the deepening recession dampens the outlook for growth and inflation.