EUR/USD retreats towards 1.0100 as traders await German data, US inflation – by anilpanchal7 EURUSD ECB Fed Inflation Ukraine
Hawkish comments frompolicymakers joined positive updates from the Ukraine-Russia battlegrounds to underpin the EUR/USD run-up on Monday. The quote also cheered an absence of China and firmer equities, not to forget the light calendar.
Elsewhere, updates that Ukraine is gaining success in pushing back the Russian military from some of its areas seem to have underpinned the market’s cautious optimism, even as the same raised the fears of Russia’s harsh retaliation. On the same line could be the hopes of more stimulus from major economies like China, the US, the UK and Europe.
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