EUR/USD Exchange Rate Volatile as Latest Data Prints Strongly
EUR/USD Exchange Rate Gives up Daily Gains after Strong US Data Earlier today, the Euro to US Dollar (EUR/USD) exchange rate was mounting an advance on the back of stronger than expected Eurozone data. However, today’s US data has also impressed investors, leading to jittery movement in the pair. Last week’s EUR/USD movement was bullish, climbing from the level of 1.2047 to 1.2120. This week so far the pair has been unable to maintain that upside trend however. EUR/USD touched on a February high of 1.2166 at around noon, but the pair has been tumbling back from those highs since. ...
Source: euroexchangeratenews.co.uk