EUR/USD Fundamental Analysis: February 15, 2018 The pair soared higher following the release of a strong inflation data and weaker retail sales which pushed the dollar lower. The Euro against the U.S. dollar had an intriguing trading session and found to have volatility which is already anticipated amid a slight change from the outcome from either the eurozone or the U.S. Although, the data from the eurozone did not exactly have an impact with the expected data from the U.S., which would greatly affect the strength of the dollar, after which, it would also push the pair higher. Yesterday’s trading was centered on the dollar in anticipation of the release of both the CPI and retail sales data from the U.S. Besides the NFP report, there are two significant data that were released monthly that is anticipated to come out strong and get better results, given the situation of an incoming data from the U.S. in the past few weeks. There has been a mixed result where the inflation data came out stronger while the retails sales data came out weaker than the forecast. This pushed the dollar to climb higher at the beginning. Scrutinizing the effects on the market, the inflation data has had a year-on-year basis which did not have much of an activity along with a weak retail sales data. Consequently, the dollar was reversed including the whole trend, which then resulted in a particular price movement and broke the level of 1.24. The next target would likely be at 1.25 level, which would eventually become a significant resistance level and rise above that makes this pair more interesting to trade in the market. There are other data from the U.S. scheduled to be released today, particularly the PPI data. This would then have a large effect on a strong dollar. If data came out weaker than anticipated, this would lessen the chance for the Federal Reserve to raise their rates and push it even much higher.