Home / EUR / EUR/USD retreats from 1.1655 highs, steady around 1.1625 after Fed’s Powell comments

EUR/USD retreats from 1.1655 highs, steady around 1.1625 after Fed’s Powell comments

EUR/USD shed previous daily gains on Fed’s Chairman Powell amid US dollar weakness. The EUR/USD 1-hour chart depicts the shared currency trading below the 100-SMA, opening the door for a 1.1600 test.
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