EUR/USD looks to data, risk trends

EUR/USD attempts a mild rebound on Thursday, although bulls’ aspirations bumped into the 1.1570 region, which emerged as initial resistance for the time being.

The slight recovery in the risk-linked assets follows the corrective mode in the dollar, which gives away part of Wednesday’s string advance to the boundaries of the YTD tops around 94.50.

In the fixed income space, yields of the German 10-year Bunds ease from recent tops below -0.15% and return to the -0.18% area after news on Wednesday unveiled the ECB could be planning to introduce another bond-purchase programme aimed at preventing yields from widening.

(sourse: https://www.fxstreet.com/news/eur-usd-struggles-for-direction-around-11550-ahead-of-ecb-data-202110070935)