EUR USD Boost higher
4/1/2016 10:00:26 AM
EUR-decrees are now gaining more momentum, boosting EUR/USD to fresh session highs in the nearness of 1.0950. The risk aversion has picked up more step following a weak opening of the European equity markets today, giving the pair additional wings and pushing it to the limitations of 1.0940, daily tops. Last manufacturing PMIs for the month of December are unpaid in Europe, followed by the more appropriate flash CPI in the German economy. In the US calendar, ISM Manufacturing and Markit’s manufacturing PMI are also in the attention. At the moment the pair is up 0.76% at 1.0944 facing the next obstacle at 1.1046 followed by 1.1130 and then 1.1158. In contrast, a breakdown of 1.0808 would aim for 1.0753 and ultimately 1.0538.