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The EUR/USD pair moves into positive territory after trimming intraday losses after the better-than-expected Economic Sentiment data from the Eurozone and Germany.
The Canadian Dollar (CAD) tumbled against the US Dollar (USD) on Tuesday after US Consumer Price Index (CPI) inflation ticked higher on a monthly basis, sending the Greenback surging across the major currency board.
The Pound Sterling (GBP) trades back and forth in a narrow range in Thursday’s European session due to a lack of fresh economic triggers for a decisive move.
EUR/USD tested into a near-term low of 1.0741 on Thursday as the latest Economic Bulletin from the European Central Bank (ECB) provided little new information for investors looking for guidance on when to expect rate cuts.
The Pound Sterling (GBP) shows some bullish moves in the European session on Wednesday as the appeal for risk-perceived assets has improved significantly.