EUR/USD appears slightly bid near 1.0770 post-data, looks at ECB-speak – by pabspiovano EURUSD Currencies Majors ECB
The European banking sector remains in the centre of the debate.looks to leave behind the recent 2-day weakness and navigates within a narrow range and amidst tepid gains near 1.0770 on Monday.EUR/USD starts the week in a positive fashion and so far prints humble gains near 1.0770 on the back of the generalized prudence among market participants regarding developments in the banking sector.
Across the pond, the speech by FOMC’s P.Jefferson will be in the limelight along with short-term bill auctions.EUR/USD manages to stage a small rebound following the strong pullback seen in the second half of the week. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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