EUR/USD hovering around 1.2500 area – OCBC

FXStreet (Barcelona) - The OCBC Bank Research Team see the EUR/USD pair biased towards a positive USD news flow.

Key Quotes

“With the dollar losing its verve slightly against the EUR in recent sessions, look to the FOMC minutes later today for further cues with the pair seen hovering around the 1.2500 neighborhood in the interim. Structurally, we continue to expect the pair to remain asymmetrically biased towards positive USD news flow multi-session.”