The EUR/USD finished near a value of 1.09445 going into the weekend. On Tuesday of last week, the EUR/USD did trade around the 1.09275 ratio. While the close on Friday was slightly above the low for the week, bullish traders will not be starting any parades with eager optimism regarding the EUR/USD. A high of around 1.10650 was hit on Thursday, as U.S Consumer Price Index numbers not only met expectations but were slightly below the estimated inflation data. The EUR/USD mirrored the broad Forex market and the rush upward was significant on Thursday. The drive higher didn’t last long, however, and the reversal lower ... (full story)