EUR/USD meets some resistance around 2023 highs near 1.0930 – by pabspiovano EURUSD Currencies Majors
Consumer Confidence in Italy disappointed expectations in January.The European currency now gives aways some gains after motivatingEUR/USD looks to US docket, risk trend
Other than the intense weakness hurting the greenback, hawkish comments from ECB’s rate-setters and so far sustained improvement in some keyIn the domestic calendar, Consumer Confidence in Italy eased against consensus to 100.9 in January, while Business Confidence improved to 102.7 in the same period.
In the meantime, price action around the European currency should continue to closely follow dollar dynamics, as well as the potential next steps from the ECB and the Federal Reserve at their upcoming gatherings in the next week. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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