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EUR/USD. Price Analysis and Forecast
The EUR/USD pair failed to develop
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The EUR/USD pair failed to develop a more meaningful rebound on Tuesday: recovery attempts were limited to the 1.1490 level, after which the release of weaker Eurozone Consumer Price Index (HICP) data increased pressure on the euro. As a result, the pair remained near a two-week low.Preliminary inflation data showed that in March, the headline HICP in the Eurozone rose by 2.5% year-on-year, below the forecast of 2.7% but significantly higher than February's 1.9%. Monthly growth accelerated to 1.2% compared
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Irina Yanina,
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