EUR/USD stays defensive below 1.0200 as hawkish Fed bets propel DXY ahead of US inflation
EUR/USD consolidates the first weekly loss in three, retreats from intraday high of late. Moody’s cut Italy’s credit rating amid political jitters, US NFP propelled hawkish Fed bets. US-China tension over Taiwan also underpins the US dollar’s safe-haven demand. Intraday traders should focus on risk catalysts amid a light calendar. EUR/USD treads water after the… Read More »
