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EUR/USD pinned into low end below 1.0700 once again

Started by forex4you, Jun 27, 2024, 10:48 am

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Jun 27, 2024, 10:48 am
EUR/USD pinned into low end below 1.0700 once again

EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of meaningful data during the American trading session left investors to chew on a cautious Federal Reserve (Fed) stance this week that saw rate cut bets shift lower.

Source: EUR/USD pinned into low end below 1.0700 once again
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