EUR/USD makes a U-turn and revisits the 0.9870 region

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EUR/USD makes a U-turn and revisits the 0.9870 region
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EUR/USD makes a U-turn and revisits the 0.9870 region – by pabspiovano EURUSD Currencies Majors

General Council Meeting and speeches by Board members E.Fernandez-Bollo, A.Tuominen and I.Schnabel.

So far, price action around the European currency is expected to closely follow dollar dynamics, geopolitical concerns and the Fed-ECB divergence. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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EUR/USD could stage a recovery if it manages to flip 0.9880 into supportEUR/USD could stage a recovery if it manages to flip 0.9880 into supportEUR/USD recovered modestly during the European trading hours. The pair needs to reclaim 0.9880 to extend the rebound, FXStreet’s Eren Sengezer reports
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