EUR/USD: CB Consumer Confidence

Dukascopy Bank Team Dukascopy Bank SA

The Greenback strengthened against the Eurozone's single currency, following the US CB Consumer Confidence data release on Tuesday. The EUR/USD currency pair lost 10 pips, or 0.08%, to continue fluctuating in the 1.2226 area.

The Conference Board Inc. released better-than-expected Consumer Confidence, surpassing the forecasts of 126.0 with the number of 128.7 in April.

EUR/USD currency pair remained under pressure. One of the main reasons for Greenback to rally was high 10-year United States treasury bills, which showed notable gains during the start of the week.

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Dukascopy Bank Team

Dukascopy Bank SA

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