EUR/USD consolidates above 1.3455

FXStreet (Córdoba) - The EUR/USD recovered ground after EZ PMI numbers and peaked at 1.3483 but then pulled back and after the release of US economic data dropped to 1.3455. After Wall Street opening rebounded slightly and in the last hours remained steady hovering around 1.3465, the same price it had at the beginning of the day.

The Talking-Forex.com Team notes that the recovery of th EUR/USD “was also driven by the move higher in EUR/GBP after the weak UK retail sales report”.

Greenback gained momentum across the board supported by economic data while the Euro remained resilient, showing sign of stabilization, at least in the short term.