The EUR has extended yesterday’s better tone as softer than expected US economic data yesterday and stronger German CPI inflation and labour data encouraged the pullback in EUR/USD. Key Quotes “That said, while the bounce in the EUR has dented the downtrend in EUR/USD that has dominated since the middle of April, we still see scope for further USD gains in the medium-term. Not only is the relatively hawkish position of the Fed supportive for the USD, but investors still have to assess the impact on the EUR of populist demands in Italy going forward.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/CHF stays oversold so far – Commerzbank FX Street 5 years The EUR has extended yesterday's better tone as softer than expected US economic data yesterday and stronger German CPI inflation and labour data encouraged the pullback in EUR/USD. Key Quotes "That said, while the bounce in the EUR has dented the downtrend in EUR/USD that has dominated since the middle of April, we still see scope for further USD gains in the medium-term. Not only is the relatively hawkish position of the Fed supportive for the USD, but investors still have to assess the impact on the EUR of populist demands in Italy going forward." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
