Gained a fraction last week after Fed Chair Janet Yellen testified before the United States’ Congress, and with very little significant economic data seen from the Eurozone. The rate began the week consolidating at a slightly higher level on Monday after the EZ Sentix Investor index fell by -0.1 to 28.3, retreating from its 10-year high of 28.4 made last month. The pair then gained ground on Tuesday despite hawkish comments from San Francisco Fed President John Williams. Economic numbers had U.S. JOLTS decline to +5.67M versus an expectation of +5.98M. On Wednesday, the rate declined after making its weekly high of 1.1488 after comments from Fed Chair Janet Yellen, who testified before the U.S. Congress, speaking from her prepared remarks, Yellen said, “Ongoing job gains should continue to support the growth of incomes and, therefore, consumer spending; global economic growth should support further gains in U.S. exports; and favorable financial conditions, coupled with the prospect of continued gains in domestic and foreign spending and the ongoing recovery in drilling activity, should continue to support business investment. These developments should increase resource utilization somewhat further, thereby fostering a stronger pace of wage and price increases. Of course, considerable uncertainty always attends the economic outlook. There is, for example, uncertainty about when--and how much--inflation will respond to tightening resource utilization.” The rate then made its weekly low of 1.1370 on Thursday after U.S. PPI increased by +0.1% m/m versus an expected flat reading, while Initial Jobless Claims dropped to 247K versus 245K expected. The pair rallied on Friday after U.S. CPI came out with a flat reading m/m versus an expected increase of +0.1%, while Core CPI increased by +0.1% versus +0.2% anticipated. Also pressuring the Greenback were U.S. Core Retail Sales, which declined by -0.2% m/m versus an expected increase of +0.2%, and Retail Sales, which also fell by -0.2% versus an expected increase of +0.1%. EUR/USD closed at 1.1467, with a gain of +0.6% from its previous weekly close.