EUR/USD holding strong despite risk-off correction
On Tuesday, European equities fell prey to profit taking. The rally of USD/JPY and EUR/JPY slowed but the euro even succeeded an intraday rebound against the dollar and sterling. Today, the calendar is well filled. The data might be USD and GBP supportive, but the euro remains well bid ahead of the ECB meeting. So, more technical trading might be on the cards.
Read the full report: FX Daily
KBC