Euro Holds Ground as US Dollar Faces Headwinds on a Dovish Fed. Higher EUR/USD?

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Euro Holds Ground as US Dollar Faces Headwinds on a Dovish Fed. Higher EUR/USD?
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The Euro is little changed today despite the US Dollar sliding after Federal Reserve speakers stoked a less hawkish path citing higher Treasury yields. Where to for EUR/USD?

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.EuroThe Euro has held recent gains with currencies settling into Tuesday’s trade after a busy start to the week as markets look to decipher the implications of a protracted conflict evolving in Israel and Palestine.

Physical Treasury markets re-opened today after a holiday Monday and the 10-year note trading below 4.65% after nudging 4.88% last Friday.index rallied over 2% today after returning from a holiday on Monday. Most APAC equity indices are in the green with the exception of mainland China where the CSI 300 index slid around 0.50%.futures remain buoyed on the unfolding Middle East situation with the WTI futures contract near US$ 86 bbl while the Brent contract is a touch above US$ 87.50 bbl.

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