EUR/USD sees steady gains amidst USD weakness
In Monday's trading session, the EUR/USD pair is staging a climb, confidently edging northwards and flirting with multi-month highs near the 1.0960 area. The catalyst behind this positive momentum is the USD trading vulnerable while the Euro got a boost after Lagarde’s hawkish words. On the data front, the US reported minor housing data, which saw New Home Sales from October from the US coming in lower than expected but didn’t trigger any significant reaction on the pair. On the Euro front, during her address at the European Parliament, Christine Lagarde, the President of the European Central Bank (ECB), cautioned ...
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