The EUR/USD pair inched higher at the
start of the week and touched a daily top
of 1.1176 in the early trading hours of the
European session boosted by upbeat
macroeconomic data releases from the
euro area. However, with the Greenback
staging a decisive recovery against its
major peers, the pair reversed its course
and was last seen trading at 1.1145,
erasing 0.2% on a daily basis.