EURUSD is being priced at 1.18500 currently.


The reports of the ECB considering cuts on the QE purchases from January next year gives Euro a particular strength.Bloomberg quoted the officials familiar with the debate on the ECB’s QE programme, citing that the ECB is said to be considering cutting QE to 30bn a month from January 2018.

U.S. Inflation and Retail Sales data will be released today.

The EURUSD pair staged a minor comeback from near 1.1825 region in Asia, as the bulls found some support from the latest chatter over the ECB QE taper, as reported by Bloomberg.



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