Forex Today: USD extends rebound ahead of key data releases
The US Dollar stays resilient against its rivals early Thursday, with the USholding at two-week highs near 103.00 following Wednesday's upsurge. European Commission will publish the business and consumer sentiment data for June in the European session.
0900 during the Asian trading hours before staging a modest rebound. While speaking at the same panel with Powell, ECB President Chritsine Lagarde reiterated that another rate hike is very likely in July but refrained from confirming any other policy steps later in the year. In the meantime, annual Consumer Price Index in Spain rose 1.9% in June, down sharply from the 3.2% increase recorded in May.lost more than 100 pips and came within a touching distance of 1.2600 on Wednesday.
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