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EUR/USD grinds to a new interim high above 1.1008
The EUR/USD has spent the past hour slowly edging its way higher and now it has finally managed to push its way above the noted high at 1.1008 reached on Monday August 5. The move above that level has not exactly accelerated much yet to the upside and perhaps that is due to a degree of caution ahead of the US CPI report due later this afternoon, at 12.30pm GMT. Later updates here ahead of that release will look at what is expected from this data. Meantime, the EUR/USD is just now trading at 1.1008
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