EUR/USD range-bound around 1.3240

FXstreet.com (Edinburgh) -The EUR/USD is now sidelining around 1.3240 on Friday, as the sedative effects of the longer weekend across the ponds seem to be taking over.

EUR/USD focus on US data

The generalized upbeat that from the 17-nation bloc this morning did almost nothing to curb the bearishness surrounding the euro, as the risk aversion continues to prevail as well as inflows to the safe havens. Ahead in the day, traders will keep an eye on the US docket, with Personal Income/Spending, PCE and the Reuters/Michigan index due. Derek Halpenny, European Head of Global Markets Research, commented, “From here, like …read more