EUR/USD stays in a consolidation phase at around 1.0700 on Friday after posting small gains on Thursday.
EUR/USD struggles to build on Thursday's rebound, stays near 1.0700. US data and quarter-end flows could camp up the pair's volatility on Friday. The first round of French presidential election will take place on Sunday. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week. Euro was the weakest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.02% 0.06% 0.72% 0.11% -0.03% 0.76% 0.68% EUR 0.02% 0.10% 0.
The US Bureau of Economic Analysis will release the Personal Consumption Expenditures Price Index data for May, the Federal Reserve's preferred gauge of inflation, later in the day. Investors are likely to react to the monthly core PCE Price Index print, which is not distorted by base effects and excludes volatile food and energy prices. Investors expect the monthly core PCE Price Index to rise 0.1% in May following the 0.2% increase recorded in April.
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