U.S. Forex Market Commentary |
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EURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5550 level and was supported around the $1.5460 level. Technically, today’s intraday low was just above the 23.6% retracement of the move from $1.6020 to $1.5280. The common currency gained ground after it was reported that EMU-15 provisional May harmonized consumer price inflation printed at 3.6%, up from 3.3% in April and the same level as March’s rate. These data
Filed under: Technical
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