FXStreet

FXStreet

Benzinga Contributor

EUR/USD Struggles To Find Direction For Third Straight Day
EUR/USD struggles to find direction for third straight day. Rising US T-bond yields helped USD stay resilient against its rivals. Investors await Jobless Claims and Retail Sales data from US.
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EUR/USD Reached A Daily High Of 1.1846 On Tuesday
EUR/USD reached a daily high of 1.1846 on Tuesday. USD lost its strength after Core CPI came in lower than expected. Risk-averse market environment doesn't allow EUR/USD to gather bullish momentum.
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EUR/USD Fell To A 17-Day Low Of 1.1770 On Monday
EUR/USD fell to a 17-day low of 1.1770 on Monday. Falling US Treasury bond yields cap's USD's gains. Focus shifts to August CPI data from the US.
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EUR/USD Forecast: Mildly Bearish In The Near-Term, Needs To Break The 1.1885 Support
EUR/USD Current Price: 1.1926 US Treasury yields reached fresh one-year peaks, later trimmed intraday gains. The focus now shifts to US Retail Sales, foreseen contracting by 0.5% in February. EUR/USD is mildly bearish in the near-term, needs to break the 1.1885 support.
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