EUR/USD bounces back from intraday low around 1.0830 as the US Dollar retreats.
Fed policymakers see one good inflation report as insufficient to change the trend.
ECB’s Schnabel also highlighted risks from premature interest-rate cuts.
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EUR/USD bounces back even though Fed officials maintain hawkish gudaince on interest rates
EUR/USD bounces back from intraday low around 1.0830 as the US Dollar retreats. Fed policymakers see one good inflation report as insufficient to change the trend. ECB’s Schnabel also highlighted risks from premature interest-rate cuts.
Fri, 17 May 2024 15:16