EUR/USD losing momentum – at risk of turning down

EUR/USD has been consolidating its gains after US inflation beat expectations. Concerns about trade are weighing on sentiment.  Friday’s four-hour chart is mixed for EUR/USD. What happens when the data contradicts the central banker’s word? Confusion and choppy price action. US Core Consumer Price Index has accelerated to 2.1% in June – above 2.0% expected. […]

The post EUR/USD losing momentum – at risk of turning down appeared first on Forex Crunch.

Add a Comment