EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP

12 May 2021 12 May 2021

BonTrade

The recent rally in EUR/USD appears to have stalled ahead of the February high (1.2243) as the exchange rate snaps the series of higher highs and lows from last week.

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US Dollar Rockets Higher as Inflation Spikes to 4.2% in April

Nasdaq Extends Slide, Bond Yields Spike on Fed Taper Fears