EUR/USD climbs to 2-day highs around 1.0830 – by pabspiovano EURUSD Currencies Majors
The broad-based upbeat tone in the risk complex underpins the pair.The optimism around the European currency remains well and sound and motivatesEUR/USD up on risk-on mood, dollar weakness
The persistent improvement in the risk-linked galaxy continues to weigh on the greenback and props up the resumption of the upside bias in the pair. In addition, expectations that the Fed might keep the Fed Funds Target Range unchanged at the May event also keeps the price action around the buck subdued., Business Confidence in France eased to 104 and improved to 104.2 in Italy , both prints for the month of March.
In the meantime, price action around the European currency should continue to closely follow dollar dynamics, as well as the potential next moves from the If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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