There is still a shortage of strong news in the market.
Perhaps the situation will change on Friday – when a very large package of data on the US will be released.
On Wednesday, important data on retail price inflation in the United States were released – general prices showed an acceleration in growth to +0.4% – however, prices without food and gasoline have remained sluggish.
The data somewhat increased the pressure of buyers of the dollar – the euro pierced the level of 1.1000 but has not yet managed to gain a foothold below.
Today, a report on inflation in wholesale prices – but, as a rule, the market responds poorly to these data.
Our positions on the market are the same: we are on sale from 1.1070, but ready to buy from 1.1045.