Forex Today: Market mood is mixed, eyes on EU inflation data

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Forex Today: Market mood is mixed, eyes on EU inflation data – by eren_fxstreet Currencies Majors Macroeconomics Inflation Commodities

survey revealed that the Prices Paid component climbed above 50. The benchmark 10-year US Treasury bond yield climbed above 4% for the first time since early November after this data and provided additional support to the USD. Meanwhile, Wall Street's main indexes ended up closing the day mixed as investors readjusted their positions on the first trading day of the month.

rose nearly 4% on Wednesday before turning south during the Asian trading hours on Thursday. ETH/USD trades in negative territory near $1,650.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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