EUR/USD approaches the critical 200-day moving average, reflecting a cautious optimism in currency markets.
Mixed Fed views and weaker US housing data contrast with ECB optimism on inflation and potential rate cuts.
Upcoming US Durable Goods Orders and Consumer Confidence figures, to update economic outlook.
The Euro paired some of its Friday losses against the US Dollar, though it remains shy of reclaiming the 200-day moving average (DMA) at 1.0839. The Greenback has lost its momentum and remains offered late in the North American session, despite Federal Reserve (Fed) officials' commentaries. The EUR/USD trades at 1.0837, gains 028%.
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