The euro and pound have pulled back from their recent highs as the US dollar regained ground following a batch of stronger-than-expected economic data. The Personal Consumption Expenditures (PCE) price index accelerated to 3.7% year-on-year, compared with expectations of 3.6%, while the quarterly core PCE reading came in at 3.6%, above the forecast of 3.4%. […]The post Euro and Pound Retreat from Highs After Strong US Data appeared first on ActionForex.