{"id":106968,"date":"2020-12-01T16:44:24","date_gmt":"2020-12-01T16:44:24","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106968"},"modified":"2020-12-01T16:44:24","modified_gmt":"2020-12-01T16:44:24","slug":"104940-eur-usd-flirts-with-1-20priot-to-data-powell","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104940-eur-usd-flirts-with-1-20priot-to-data-powell\/","title":{"rendered":"EUR\/USD flirts with 1.20priot to data &#038; Powell"},"content":{"rendered":"<ul>\n<li><strong>Eurozone CPI declined -0.3% MoM in November.<\/strong><\/li>\n<li><strong>Fed\u2019s Powell, ISM Manufacturing data in focus<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">EUR\/USD picks up towards the psychological barrier at 1.20.<\/span><\/p>\n<p><strong>EUR\/USD focused on Fed, data<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">EUR\/USD flirts again with 1.20 extending a move higher from early November.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Risk flows weighed on the US Dollar amid rising optimism of a strong economic recovery over the medium-term owing to a viable vaccine being rolled out in the upcoming months. Expectations of extra US stimulus in the near term is also pulling on the greenback, German jobless rate edged lower in November while preliminary inflation numbers as measured by the core CPI declined -0.3%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the US, Fed\u2019s Powell will testify before the Senate. ISM Manufacturing will be under the spotlight in addition to speeches by FOMC\u2019s Brainard, Daly and Evans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone CPI declined -0.3% MoM in November. Fed\u2019s Powell, ISM Manufacturing data in focus EUR\/USD picks up towards the psychological barrier at 1.20. EUR\/USD focused on Fed, data EUR\/USD flirts again with 1.20 extending a move higher from early November. Risk flows weighed on the US Dollar amid rising optimism of a strong economic recovery [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5296,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[],"class_list":{"0":"post-106968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/USD flirts with 1.20priot to data &amp; Powell - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104940-eur-usd-flirts-with-1-20priot-to-data-powell\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104940-eur-usd-flirts-with-1-20priot-to-data-powell\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104940-eur-usd-flirts-with-1-20priot-to-data-powell\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/USD flirts with 1.20priot to data &#038; 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