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Daily Market Outlook (13 Jun 2024)
Update Time: 13 Jun 2024 02:21GMT
Next Update At: 08:30GMT
EUR/USD - 1.0806

Euro's rally from Tue's fresh 1-month bottom at 1.0720 to 1.0852 yesterday on US CPI suggests recent decline has made a temporary low and subsequent retreat in post-FOMC to 1.0804 today would yield choppy sideways swings before prospect of another upmove.  
  
On the upside, a daily clsoe above 1.0852/55 may yield stronger gain to 1.0880/85 later.
 

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