EUR/USD Continues Decline Ahead of Fed Policy Decision
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#5acfe72f ver:0.33

The EUR/USD pair continues to decline ahead of the Fed's policy decision, with the US Dollar strengthening due to positive data and hawkish remarks. Despite robust Eurozone data, the Euro fails to sustain gains. Traders anticipate interest rate cuts from the ECB in June. US data, including the ADP Employment Change and ISM Manufacturing PMI, will be closely watched before the Fed's Monetary Policy Statement. The decline in EUR/USD has knocked the pair below key levels and it is approaching April's low bids. The US dollar has rallied on anticipation of a more hawkish Fed, but if Powell keeps the door open for a rate cut, it could impact various markets. #EURUSD #Fed #ECB #interestrates...

#newstr #Eur/usd #Usd/jpy #Fomc #Ism #Employment #UsDollar 

 https://here.news/story/5acfe72f?ver=0.33