Forex Today: Mood sours ahead of German inflation data, Fedspeak – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
closed the second straight day in negative territory on Tuesday and continued to stretch lower early Wednesday, pressured by falling US T-bond yields. The pair was last seen trading slightly above 139.50.held steady above 1.2400 on Tuesday but lost its traction mid-week. The pair stays on the back foot in the European morning and pushes lower toward 1.2350.price benefited from retreating US yields on Tuesday and rose toward $1,960.
registered marginal gains on Tuesday but reversed its direction on Wednesday. At the time of press, ETH/USD was down more than 1% on the day at $1,870Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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