EUR/USD holding near the recent top even as global tensions ease
Global repositioning shifted into lower gear. The decline of USD/JPY, a key input for other USD cross rates, slowed. However, the comeback of the dollar was unimpressive. Even decent US eco data didn’t help much. EUR/USD is still within reach of the recent highs. EUR/GBP is locked in a tide range around the 0.8500 pivot.
Read the full report: FX Daily
KBC