EUR/USD surges as US macro data looms

Source: WBP Online
© Reuters

The Euro traded expensively against the Dollar, hovering just beneath the $1.14 mark, as investors await US macro data announcement later on Friday. Releases on personal spending, income as well as the employment cost and PCE indices may later give a grasp of the potential inflation levels. The consumer confidence gauge is expected to slightly pick up, while it is likely that the Chicago PMI will slip moderately.

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