Euro losing altitude, back to nearly flat on the day via ForexLive

The euro caught a big bid late in Asian trading and shot to 1.3640 from 1.3600 but it's been slowly fading back toward unchanged on the day as US dollar strength weighs.

If the euro continues to fade, it could be a confirmation signal for the bears. Our weekend poll on the euro leaned toward longs and that was a good trade in the early going but the US dollar will be the main driver after Yellen and retail sales tomorrow.

EURUSD daily

posted via ForexLive