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Hot US CPI Weighs on the Euro

Euro (EUR/USD, EUR/GBP) AnalysisZEW economic sentiment inches higher but confidence remains lowEUR/USD descending channel heads lower after testing resistanceEUR/GBP testing crucial support zone – follow through neededThe analysis in this…

Euro unsure it wants to break the range

EURUSD dailyThe euro is in an interesting spot.It fell to the lowest since November 13 today but is now trying to creep back above the Dec/Jan double bottom. It coes with some moderate bids in the stock market as well.There is one camp…