EUR/USD’s upward bias will probably stay intact as long as EUR/USD holds above the 55-day exponential moving average, UOB said, adding it was premature to expect EUR/USD to retest 1.1573.

The dollar fell to a two-week low on the back of mounting concerns over spiraling U.S. government debt.

Take a look at how various financial markets have traded following the release of April’s consumer-price index: Treasury ...