Morning FX Market Commentary

EUR/USD regaining part of last week’s losses
On Monday, the euro regained some ground, both against the dollar and sterling. However, EUR/USD didn’t regain any technically important level. USD/JPY is gradually heading to the 100 barrier. The topside in EUR/USD looks well protected short-term. Softer UK inflation data might trigger further profit taking on sterling longs.

Read the full report: FX Daily

 

KBC