Euro (EUR)


The Euro gained versus the Dollar after Retail Sales in the U.S jumped, suggesting inflation is rising and economic activity is strengthening. German ZEW Economic Sentiment rose to its highest in 3 years at 57.7 but fell short from 59.9 expected. Overall EUR/USD traded with a low of 1.4560 and a high of 1.4685. Today, the European CPI is expected to remain at -0.2% while the Core CPI is expected weaker with 1.2% versus 1.3% prior.

EUR/USD - Last: 1.4670 

Resistance

1.4725

1.475

1.4785

Support

1.46

1.456

1.4515

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