- EUR/USD remains pressured following a U-turn from the highest level since February 2022.
- Upbeat US Core Retail Sales growth joins mixed ECB signals and risk-on mood to prod Euro bulls at multi-month high.
- Mid-tier data, risk catalysts eyed as the US Dollar licks its wounds at 15-month low.
EUR/USD stays depressed near 1.1230 during the early hours of Wednesday’s Asian session, after retreating from the highest level in 17 months the previous day. That said, the US Dollar’s corrective bounce from the multi-month low joins the mixed signals from the European Central Bank (ECB) to prod the Euro pair buyers of late.
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