Forex technical analysis: EURUSD whips back down to the 100 hour MA - ConsultFX

Forex technical analysis: EURUSD whips back down to the 100 hour MA

Mersch... "timid signs of inflation building".... The EURUSD has moved higher before the NY session and is now giving those gains up.  Mersch said there were "timid signs of inflation building". So inflation is building but timidly. I guess that is a hedge. Did it move the EURUSD lower? Maybe it helped. The US initial claims Copyright 2015 Forexlive.com