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EURO SENTIMENT

Short
FX:EURUSD   Euro / U.S. Dollar
1
The Euro hasn’t gone anywhere in recent sessions and could see more consolidation in the sessions ahead as the market continues to try and figure out the Fed’s trajectory. The single currency was initially offered on Monday as expectations built for a less dovish Fed Brainard, but after the central banker let down the hawks, a mild recovery ensued before the market settled unchanged into the close. Looking ahead, the economic calendar is busier today with the key standouts coming from German CPI, Eurozone employment and German ZEW economic sentiment.

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