EUR/USD retreats from earlier 3-day highs around 1.1390 By pabspiovano EURUSD Currencies Majors
The better mood in the risk complex puts the dollar under pressure.The single currency leaves behind two sessions in a row with losses and pushesEUR/USD climbed to fresh tops around 1.1390 earlier in the session on the back of the firmer note in the risk-associated universe at the beginning of the week. Indeed, positive news coming from the Russia-Ukraine conflict lends wings to the appetite for riskier assets and underpins the daily rebound in the pair.
In the domestic calendar, advanced Manufacturing PMIs in Germany and the euro area surprised to the downside at 58.5 and 58.4, respectively, for the month of February.What to look for around EURtrends for near-term direction.
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