July 01, 2020 at 12:11PM
Germany’s Merkel: EU members still far apart on recovery fund, budget
That isn’t comforting news for the euro
Merkel also adds that the EU "must be prepared for Brexit talks to end in failure".
For EUR/USD, support at around 1.1191-00 remains a crucial spot as it has been since 25 June. Break below that and sellers may look towards the low @ 1.1168 next.