EUR/USD regains upside impulse and retargets 1.1000 – by pabspiovano EURUSD Currencies Majors
The ECB will publish its Accounts of the last monetary policy meeting.Buyers return to the single currency and pushIn line with the rest of the FX universe, EUR/USD maintains the weekly choppy performance well in place on Thursday, with gains limited by the psychological 1.1000 neighbourhood for the time being.
EUR/USD keeps the range bound trade well in place and always below the 1.1000 region so far on Thursday. Moving forward, hawkish ECB-speak continue to favour further rate hikes, although this view appears in contrast to some loss of momentum in economic: ECB Accounts, EMU Flash Consumer Confidence – Advanced Manufacturing/Services PMIs .: Continuation of the ECB hiking cycle. Impact of the Russia-Ukraine war on the growth prospects and inflationSo far, the pair is gaining 0.7% at 1.0972 and a break above 1.1075 would target 1.1100 en route to 1.1184 .
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