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Forex: EUR/USD regains 1.2800

FXstreet.com (Barcelona) - The bloc currency is trading back above the key resistance of 1.2800 on Wednesday, after dipping to the boundaries of 1.2790 overnight.
The sentiment surrounding the euro remains depressed, after mixed data from euro zone manufacturing PMI prints and record high jobless rate in the bloc.

Very light docket in the euro area, as the preliminary EMU inflation figures are due only. Consensus expects consumer prices to post an annual expansion of 1.7% in March.

As of writing, the cross is losing 0.10% at 1.2806 with the next support at 1.2751 (low Mar.27) ahead of 1.2730 (low Nov.19) and finally 1.2680 (61.8% of 1.2042-1.3711).
On the flip side, a break above 1.2886 (MA200d) would expose 1.2890 (high Mar.26) and finally 1.2943 (MA21d).

Session Recap: Gold plummets; USD keeps bid

Another slow session in Asia-Pacific dominated by a broad USD bid on FED Evans hawkish comments on bonds purchasing program to slow the pace by late 2013, when he is considered a “dove”, what caused some USD push higher across the board included against the Yen, making USD/JPY pair print fresh daily highs at 93.69 by early Tokyo trade.
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