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EUR/USD moves to session peaks near 1.0980


Wednesday, 9 October 2019 15:24 WIB

EuroDolar ASEUR/USD


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The upbeat tone around the shared currency has accelerated on the back of a moderate knee-jerk in the Greenback, lifting EUR/USD to the area of daily highs around 1.0980.

After two consecutive daily pullbacks, the pair now looks to have resumed the upside following a bout of selling pressure in the buck on news regarding US-China visas.

In fact, the US Dollar Index has given away initial gains and returned to the area below the 99.00 handle, recording at the same time fresh daily lows and propping up the correction higher in spot.

In the meantime, investors remain vigilant on the imminent resumption of US-China trade talks in Washington (Thursday and Friday), as well as the key EU Summit next week with Brexit on top of the agenda.

Sumber : FXstreet


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