The EUR/USD pair finds a provisional support near 1.0650 in Wednesday’s European session.
EUR/USD finds a temporary support near 1.0650 though dismal market sentiment keeps the downside bias intact. Uncertainty ahead of the Fed ’s policy has dampened the appeal of risk-sensitive assets. The ECB is widely anticipated to begin reducing interest rates from June. The near-term outlook for the major currency pair remains bearish as investors are cautious ahead of the Fed eral Reserve’s monetary policy announcement at 18:00 GMT.
S&P 500 futures have posted significant losses in the London session, exhibiting a sharp decline in the risk-appetite of the market participants. 10-year US Treasury yields rise to 4.69% on expectations of a hawkish guidance from the Fed. The US Dollar Index , which tracks the US Dollar’s value against six major currencies rose to 106.35.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EUR/USD Forecast: Bulls aiming for 1.0900 ahead of Fed speakersThe EUR/USD pair extends its recovery beyond 1.0850 on Thursday, as market players keep dropping the US Dollar, while the Euro benefited from signs of life in the local economy.
Lire la suite »
EUR/USD advances amid soft US data, Fed commentsThe Euro posts solid gains against the US Dollar, though it faces stirring resistance at the 100-day moving average (DMA), which caps the pair's advance toward 1.0900.
Lire la suite »
EUR/USD Vulnerable to More Losses Amid Fed, ECB DivergenceForex Analysis by Fawad Razaqzada covering: EUR/USD, US Dollar Index Futures, Crude Oil WTI Futures. Read Fawad Razaqzada's latest article on Investing.com
Lire la suite »
EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher ratesEUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday.
Lire la suite »
EUR/USD falls to near 1.0600 amid speculation for extension in Fed-ECB policy divergenceThe EUR/USD pair trades close to more than a five-month low near the round-level support of 1.0600 in the European session on Tuesday.
Lire la suite »
EUR/USD extends its downside below 1.0650 on hawkish Fed remarksThe EUR/USD pair extends its downside around 1.0640 after retreating from weekly peaks of 1.0690 on Friday during the early Asian session.
Lire la suite »