EUR/USD: Further upside appears limited around 1.0760 – by pabspiovano EURUSD Currencies Majors
The dollar also trades in an erratic fashion despite higher yields.manages well to keep the trade in the area of multi-month peaks around 1.0740 so far on Tuesday.in the global markets motivates EUR/USD to alternate gains with losses above 1.0700 the figure, while bulls see their aspirations somewhat limited around 1.0760 for the time being.
Earlier in the session, Industrial Production in France expanded 0.2% MoM in November, whereas the NFIB Business Optimism Index dropped to 89.8 in December.What to look for around EUR In the meantime, the European currency is expected to closely follow dollar dynamics, the impact of the energy crisis on the region and the Fed-ECB divergence.
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