Dollar goes higher while Euro drops

On Thursday The dollar is holding up close to a three-month highs against the Euro. The strength of the Greenback can be explained by the strength in core U.S. inflation reachingĀ its weakest pace in 1.5 years as well as weaker data coming from Europe.

The EUR/USD is traded below the important $1.13 level at $1.1280. Earlier in the session, it hit an intra-day low of $1.1255 and it will be interesting to watch closely in today’s trading session.

Will you be trading EUR/USD today?

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