EUR/USD cautious before US CPI release - SHORT IDEA

Short

Euro / Dollar Américain (FX:EURUSD)

FX:EURUSD Euro / Dollar Américain

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After reaching multi-week highs near 1.0750 earlier this week, the euro currency is losing momentum and pushing the EUR/USD pair back to the 1.0680/75 area. The recent moderate recovery in the greenback is contributing to the currency pair's correction, as well as concerns about the US banking sector and speculations about the Fed's upcoming decisions on interest rates.

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EUR/USD cautious before US CPI release - SHORT IDEA

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