EUR/USD Edges Higher, Nears Key 1.1550 Level
The euro gains 0.15% against the dollar in European trading, approaching the crucial 1.1550 mark as the greenback softens ahead of busy North American data.
EURUSD
The EUR/USD pair added 0.15% on Wednesday, trading around 1.1550 during the European session. The single currency benefited from a broadly weaker dollar.
Selling pressure on the greenback mounted as traders braced for a packed North American economic calendar. The pair’s move brings it near the pivotal 1.1550 level, a threshold that could determine near-term direction.
No further details were immediately available on the session’s drivers.
Source: FXStreet Forex News