Tuesday , 21 January 2025
Home Forex EUR/USD finds floor in 1.0800s as Fed meeting slides into view
Forex

EUR/USD finds floor in 1.0800s as Fed meeting slides into view

EUR/USD has taken a step lower and is now trading within a new range in the 1.0800s following last week’s warmer-than-expected US inflation data, which increased the probability the Federal Reserve (Fed) will need to keep interest rates higher for longer.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USD/JPY bounce from five week low on Trump tariff remark

Sheesh, I posted a 'precarious' horizontal support line .... link here ICYMI:And,...

CAD getting smashed on Trump tariff comments

Just out:Trump says thinking in terms of 25% tariffs on Mexico and...

Trump says thinking in terms of 25% tariffs on Mexico and Canada

Trump giving a bid to the USD after its huge slump since...

Trump rescinds Biden’s EV mandate – eyes on TSLA

On Monday, Trump rescinded a 2021 executive order issued by President Joe...