Home / Forex Analysis / EUR/USD Price Analysis: Recovery Limited Around 1.1050, Eying Powell

EUR/USD Price Analysis: Recovery Limited Around 1.1050, Eying Powell

Traders wait for key catalysts to push EUR/USD back above weekly lows. With central banks preparing to tighten monetary policy, US Treasury yields rebounded to a three-year high, and global bonds posted their biggest decline. While the US prepares for further sanctions against Moscow, clashes between Russia and Ukraine continue. Amidst Powell’s aggressive remarks, Covid’s … Continued
The post EUR/USD Price Analysis: Recovery Limited Around 1.1050, Eying Powell appeared first on Forex Crunch.

Read Full Story