The EUR/USD pair reached 1.1839, its highest since mid-May, as the greenback remained on the back foot, undermined by the concerns about US protectionism measures triggering clashes between the country and most major world's economies. The common currency, on the other hand, kept finding market's favor on mounting speculation the ECB will announce the beginning of the end of QE in the next week policy meeting. During the European session, the EU released a revision of its Q1 GDP, which confirmed a 0.4% economic growth in the three months to March. The US offered a minor macroeconomic headline, initial jobless claims ... (full story)