Following a two-day rebound, EUR/USD failed to preserve its bullish momentum and closed virtually unchanged on Thursday.
EUR/USD fluctuates in a tight channel below 1.0800 on Friday. Hawkish comments from ECB officials help the Euro limit its losses. The pair needs to break out of the 1.0700-1.0800 range to find direction. The pair continues to move sideways below 1.0800 as investors' search for fresh catalysts continues.
Euro was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD -0.01% -0.05% -0.09% -0.03% 0.55% -1.16% 0.86% EUR 0.01% -0.03% -0.08% -0.03% 0.56% -1.15% 0.86% GBP 0.03% 0.02% -0.06% 0.00% 0.58% -1.12% 0.88% CAD 0.09% 0.08% 0.04% 0.06% 0.63% -1.07% 0.94% AUD 0.03% 0.03% -0.01% -0.06% 0.58% -1.12% 0.88% JPY -0.55% -0.56% -0.61% -0.62% -0.57% -1.71% 0.31% NZD 1.14% 1.14% 1.10% 1.06% 1.11% 1.68% 1.98% CHF -0.87% -0.87% -0.90% -0.96% -0.89% -0.30% -2.
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