EUR/USD: Further upside now flirts with the 1.0700 region – by pabspiovano EURUSD Currencies Majors
The weaker dollar sustains the better tone in the risk complex.The European currency keeps the bid tone unchanged and liftsEUR/USD looks at data, risk appetite
Indeed, the greenback loses further ground and revisits the 103.50 zone as market participants continue to assess Friday’s publication of the US labour market report for the month of December.is due later along with the Sentix Index, which tracks the Investor Confidence in the region. In the meantime, the European currency is expected to closely follow dollar dynamics, the impact of the energy crisis on the region and the Fed-ECB divergence.
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