EUR/USD in fresh 4-week highs near 1.1150 ahead of data By pabspiovano EURUSD Currencies Majors
The greenback remains offered as risk-on mood persists.The European currency extends the optimism for another session and liftsEUR/USD up on weaker dollar, looks to Ukraine
Indeed, the selling pressure in the US dollar has been exacerbated in past hours following inspiring news from the geopolitical landscape which has lifted hopes of a potential diplomatic solution to the war in Ukraine. The timing, however, remains pretty vague. In the domestic calendar, final figures saw the EMU Consumer Confidence at -18.7 and the Economic Sentiment at 108.5. Later in the session, all the attention will be on the release of the preliminary figures for the German inflation for the month of March. In the NA session, the final Q4EUR/USD extends recent gains and advances well north of the 1.1100 mark following renewed downside in the greenback.
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