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The EUR/USD major pair is clipping into 1.1570 ahead of the European market session for Thursday, as broader market sees a continued slide in the Greenback extending from the US session on Wednesday.

Thursday brings the European Central Bank's (ECB) Monetary Policy Meeting Accounts at 11:30 GMT, but Italy headlines are never far away after driving the EUR/USD for much of the early week. Trade war fears and rising US Treasury yields are seeing the USD take a beating in the broader markets, and as long as bulls manage to keep their wheels upright the long-side trend should continue through Thursday's action.

The Euro could be on pace to extend the early session's gains, as the US Dollar looks set to take another leg lower across the G10 FX space, but the US' CPI reading later today at 12:30 GMT (forecast 2.3%, previous 2.2%) will likely see an acceleration in volatility.



source: fxstreet