EUR/USD tips into the bearish side after Fed Powell calls the top

EUR/USD saw a hard rally in early Wednesday trading, rising three-quarters of a percent bottom-to-top after misses in German Consumer Price Index (CPI) inflation figures missed the mark, with markets pivoting back into a cautious stance ahead of the Federal Reserve’s (Fed) rate call and following press conference.

Leave a Comment

Leave a Reply

Your email address will not be published.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