Today the EUR / USD pair has updated weekly lows touched the level S1 1,1371, and is now located at 1.1385. LEDs indicate the dollar strengthened.
Janet Yellen on his speech, commented on the situation with low inflation, denoting a temporary problem, and hoped for the consumer price index of 2% level in the current year. The probability of a rate hike has declined from 51.9% at the beginning of this week to 43.4% to date. Tomorrow, we expect a statistical unit of US inflation and retail sales.
The pair EUR / USD on Friday, waiting for consolidation around the level of 1.14. After the release of US data the dollar may strengthen to the lower boundary of the trading range.
Forex Currency forecast