EUR/USD Forecast: Euro could face next resistance at 1.0860
EUR/USD fluctuates at around 1.0850 in the early European session on Tuesday after closing in positive territory on Monday.
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EUR/USD fluctuates at around 1.0850 in the early European session on Tuesday after closing in positive territory on Monday.
The Pound Sterling (GBP) extends its upside above 1.2650 against the US Dollar in Tuesday’s London session as the latter faces profit-taking after refreshing monthly highs.
EUR/USD is trading over a tenth of a percent higher in the mid 1.0800s on Tuesday, in line with broader US Dollar (USD) selling.
EUR/USD is trading about a tenth of a percent higher at the start of the week, in the lower 1.0800s, possibly as a result of broad US Dollar (USD) selling after the People’s Bank of China (PBoC) fixed the Renminbi surprisingly higher on Monday morning, according to Bloomberg News.
The FX board is all about the US Dollar (USD) giving up some of the gains achieved last week.