FXstreet.com (CÃ³rdoba) - Dollar continues to rise against the Euro. EUR/USD is extending gains during the American session and has fallen below 1.4200 to 1.4181 reaching a fresh intra-day low. The pair 0.60% below today's opening price. If the pair plunges below 1.4180, the next support lies at 1.4140. Greenback is rising after two days.
Valeria Bednarik, collaborator at FXstreet.com comments: U.S. data continues disappointing after the U.S. consumer price index in July remained unchanged from June, while core CPI, which excludes food and energy prices, rose 0.1%. CPI falls 2.1% from a year ago, the largest 12-month decline since January 1950. Later, the fall in UOM consumer confidence index to 63.2 trigger a major sell off in stocks that push dollar higher across the borrad.