EUR/USD trims gains and returns to 1.1020, as dollar recovers – by pabspiovano EURUSD Currencies Majors
The greenback regains some traction and weighs on the pair.to the low-1.1000s on the back of some tepid recovery in the dollar on Tuesday.EUR/USD now succumbs to the better mood around the dollar and snaps three consecutive sessions with gains on Tuesday.
The absence of data releases in the euro docket on Tuesday will surely leave the attention to the US calendar, where the Consumer Confidence tracked by the Conference Board will be in the centre of the debate seconded by New Home Sales, and the FHFA’s HouseRenewed weakness now prompts EUR/USD to retreat from recent peaks in response to some signs of life from the greenback.
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