Business | Friday, 17 February 2023 at 11:10
To share: EUR/USD drops to a very weekly low level in the 1,0630/25 band. The dollar remains strong in the north of the 104.00 barrier. The CB leader directory and the Fed's barking come in Docketet. The sense of fall remains well and the European currency makes a sound and motivates EUR/USD to return to 1,0630 zone for the first time since the beginning of January. EUR/USD remains weak in USD healing EUR/USD, 104.00 to extend the last break of the USD index motivates the Greenback so far in the midst of healing at the end of the weekend is losing ground for the third session. The couple, Fed speakers permanent hawk narrative in response to the loss of losses in the past hours, while the US document expected more strict results contributed to the renewed power of money. Data wisely in Euroland, the producer prices in Germany increased by 1.0% per month and 17.8% in the last twelve months. In addition, France's latest figures are 0.4% Mom and 2022 in JanuaryHe saw that the same month increased by 6.0% against the same month.Later in the session, EMU's current account results end. In the US, the CB leader index will be second with Richmond Fed T.Barkin's speech. What should be called around EUR EUR/USD is good on the presented side and at the weekend, close to 1,0630 very weekly low levels. In the meantime, the price action around the European currency should continue to closely follow the dollar dynamics as well as potential movements after ECB after waiting for a 50 BPS ratio increase in the Bank March event. Returning to the euro zone, stagnation concerns seem to have decreased, at the same time, it remains an important driver who maintains the ongoing healing in the single currency and the Hawk narrative from the ECB. Selected Problems in the Back Boiler: The continuation of the ECB walking cycle in the midst of betting for a recession in the region and the increase in inflation. EUR/USD levels to be monitored So far, the couple withdraws 0.29% in 1,0640 and a decrease below 1,0629 will target 1.0326 1.0481 .) 1.1032 and finally 1.1100 . Gotopnews.com
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