The Euro declined versus the Dollar after Canadian Rate Decision and disappointing data from the U.S raised concerns from investors. The weaker Dollar made it hard for exporters in the Euro region to sell products to the U.S, causing ECB officials to support a stronger Dollar. German PPI came out -0.5% worse than 0% expected and 0.5% prior. EUR/USD traded with a low of 1.4882 and with a high of 1.4994. No economic data expected today.

EUR/USD - Last: 1.4920

Resistance

1.4955

1.4995

1.504

Support

1.4875

1.483

1.48

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