Euro Trades Sideways as US Fed Dashes Rate Cut Expectations

Jun 27,2019 03:32   Source:Earnforex
The euro today traded mostly sideways with a bearish tilt as markets digested the less dovish message issued by Jerome Powell the US Fed Chairman during his speech yesterday. The EUR/USD currency pair traded in a tight range amid a lack of any major macro releases from the European docket. The EUR/USD currency pair today traded in a range marked by a low of 1.1346 and a high of 1.1382 and was near these highs at the time of writing. […]

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