EUR/USD
Dt- 9th Dec 2022

EUR/USD made at least 100 pips move one-way yesterday and it's still up on today's, from its opening. However, it has bounced off a high of 1.0588 so it has not gone past 1.06 to print fresh highs.

Today's new event includes the PPI release along with Prelim UoM Consumer sentiment. The forecast is better than the previous one, any figures below the forecast will trigger another bearish run for the USD, which will push EUR further up. But we never know, today is also Friday, so better to wait and watch.

Disclaimer- Not financial advice.