Dollar stays in the defensive
The dollar stayed under slight pressure yesterday. The US data were mixed, but currency markets focused on a poor US consumer confidence release. EUR/USD tries to regain the 1.3579 resistance. EUR/JPY continues to set new highs for the year. Today, the focus remains on the US eco data, but we don’t expect them to change fortunes in favour of the dollar.
Read the full report: FX Daily
KBC