Cat-Police

What's going on, waiting for CPI

Long
OANDA:EURUSD   Euro / U.S. Dollar
Hello human, EURUSD sits near multi-week top above 1.0600, awaits US CPI

EUR/USD is trading above 1.0600, attracting some buying during the Asian trading on Thursday. Dovish Fed expectations keep the US Dollar bulls on the defensive and lend support to the pair. Traders seem reluctant to place aggressive bets ahead of the US consumer inflation report.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.