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Here is what you need to know on Monday, March 11: The US Dollar (USD) stays quiet early Monday after having suffered large losses against its major rivals in the previous week.
EUR/USD eased back on Monday, dropping away from 1.0950 as investors gear up for Tuesday’s US Consumer Price Index (CPI) inflation.
The renewed bid bias in the US Dollar (USD) prompted a corrective move in the risk complex, motivating AUD/USD to put the 0.6600 support to the test at the beginning of the week following Friday’s fresh two-month peaks around 0.6670.
In Monday's session, the EUR/JPY pair is trading at 160.57, showing a daily decrease of 0.19%.
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