Sive Morten
Special Consultant to the FPA
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Good morning,
EUR is keeping downside action and today we will be watching for core PCE numbers. Strong inflation could push EUR to 1.0460 next strong support area. While neutral PCE should have no effect on EUR performance. In this case we consider 1.0550-1.0555 area as most probable "end of the week".
EUR is keeping downside action and today we will be watching for core PCE numbers. Strong inflation could push EUR to 1.0460 next strong support area. While neutral PCE should have no effect on EUR performance. In this case we consider 1.0550-1.0555 area as most probable "end of the week".