EUR/USD: pair consolidating

Forex analytics: Current trendFor the second week now, the pair is consolidating in a narrow range between the levels of 1.0985 and 1.0855, a breakout from where is possible in any direction.Macroeconomic data that was published last week came out worse than forecasts in both the US and the eurozone. In the eurozone, Industrial Production for November shrank by 0.7%, while in the US Initial Jobless Claims ...