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EUR/USD throws in the towel as it homes in on 1.10 again
The charge higher in the dollar right now this afternoon, following the US CPI report has sent the EUR/USD scurrying lower and now it is approaching the 1.10 handle once more. In fact it has just set a new low on the week underneath 1.1010. The GBP/USD is lower too as the USD/JPY continues to press higher and move towards the earlier Asian high at 142.47. The low seen so far on the EUR/USD has been set at 1.1004 and it remains to be seen, if there is any demand at the 1.10 handle, or perhaps stops below it?. It is currently trading 1.1005
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