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EUR/USD dips below 1.1400, EU data fails to extend support

EURUSD chart

After a sudden spike through 1.1400 strong resistance, the EUR/USD pair pared gains and dropped to 1.1370 before recovering a bit to 1.1385 after the release of better-than-expected Euro-zone GDP data. The recovery, however, was muted as Euro-zone CPI data showed inflation slipping further into negative territory.

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Currencies

Pair Last High Low Net chg. Chg. %
EUR/USD 1.1391 1.1414 1.1348 0.0039 0.34
GBP/USD 1.4599 1.4667 1.4577 -0.0009 -0.06
USD/JPY 107.09 108.21 106.90 -1.02 -0.95
USD/CAD 1.2506 1.2560 1.2500 -0.0050 -0.39
AUD/USD 0.7634 0.7670 0.7622 0.0009 0.11
USD/CHF 0.9630 0.9673 0.9608 -0.0036 -0.37
NZD/USD 0.6984 0.6998 0.6951 0.0021 0.30
GBP/JPY 156.34 158.07 156.07 -1.61 -1.02

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