EUR/USD at a crossroad with focus still on Italy and inflation data to come - ConsultFX

EUR/USD at a crossroad with focus still on Italy and inflation data to come

Price currently trades between the 100 and 200-hour moving averages The focus right now will still be on sentiment regarding Italy and for any further developments there. The euro remains fragile and the market isn't getting too carried away just yet by one positive day in Italian assets. But at least the signs are looking decent.