After the impressive Friday decline EUR/USD remains under pressure today -on the first day of the new trading week.
EUR / USD is steadily gaining amid a kind of disappointment after the publication of an important macroeconomic bloc in the US on Wednesday.
On Monday dollar index DX lost 0.2% on the background of improved market sentiment and equity markets rebound from local lows, thereby supporting EUR/USD currency pair.
For EUR/USD the new trading week began with moderate growth on Asian session in the absence of any significant news, amid positive trading on Asian stock markets and improving of the overall market sentiment.
Unexpectedly, EUR / USD lost more than 150 pips at Wednesday session, with no significant news in the economic calendar.
Yesterday EUR / USD has dropped more than 100 points on the background of coincidence of two factors corrective USD dollar gains and the comment of the ECB head.
EUR / USD closed the seventh week to the row in the green, although Friday's decline left the market participants not in a very optimistic mood right before the weekend.