Euro (EUR) Latest: EUR/USD Finding Resistance Tough to Break

The final Euro Area inflation release showed headline price pressures in double-figures, albeit a fraction lower than originally forecast. EUR/USD’s battle with the 200-day moving average continues.

from DailyFX – Market News https://bit.ly/3g7FQ8A
via IFTTT

Gold Remains Vulnerable Below $1800 Key Level and 200-Day MA

Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibility.

from DailyFX – Market News https://bit.ly/3UNETkI
via IFTTT

Euro Pauses as US Dollar Underpinned by Fed on Sturdy Data Ahead of EU CPI

The Euro made a 4-month high earlier in the week against the US Dollar on a soft US PPI, but overnight data and Fed rhetoric has seen a pause in the meteoric rise. Will EUR/USD go higher?

from DailyFX – Market News https://bit.ly/3OcJwCe
via IFTTT