Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, ECB, Lagarde, EZ CPI – Talking Points
- Euro jumped off a Fibonacci technological degree versus the US Dollar today
- EUR/JPY has actually been billing north with the Yen devaluation well in progress
- Euro- large CPI later on today could indicate ECB activity. Will that lift EUR/USD?
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EUR/USD MACRO SIGHT
The Euro remains to make headway entering into the Thursday session after 3-days of rallying off the 2-month reduced seen last Friday versus the US Dollar.
Against the Japanese Yen, the Euro traded at its highest degree considering that 2008 over night and the intense variation in monetary policy seems playing out.
USD/JPY made a 10-month high up on Tuesday without indicator of the Bank of Japan in money markets at this phase.
At the current Jackson Hole financial seminar, European Central Bank (ECB) …