ECB meeting: risk balance in focus
It is widely expected that the upcoming ECB meeting will be a non-event, it may affect the euro’s dynamics anyway, with the central bank’s rhetoric being in focus.
EURUSD faces another bearish rejection
In the first half of the day on Tuesday, EURUSD climbed above the 1.11 handle, mainly due to unexpectedly upbeat ZEW survey out of Germany.
USDJPY rally helped by China data
The USDJPY pair extended gains to fresh May 2019 highs around 110.30 early on Friday.
EURUSD struggles around the 200-DMA
EURUSD remains under pressure after failed attempts to break above the immediate resistance in the form of the 200-DMA around 1.1140.