EUR/USD brushes off soft IFO in rebounded to 55-dma - ConsultFX

EUR/USD brushes off soft IFO in rebounded to 55-dma

Euro up 75 pips The story today is the US dollar as it slumps in North American trade on flows and political drama. The euro has brushed aside today's soft IFO report and regained nearly all of yesterday's decline. That helps to underscore support in the 1.1260-80 range.