2024-09-25 23:02
IndustryEUR/USD recovers ground on Greenback weakness
EUR/USD cut away bearish sentiment and rallied back into recent highs on Tuesday, taking another unsuccessful run at 1.1200. The Euro itself has little reason to be bid up by traders, but a broad-market weakening in the Greenback is helping to keep Fiber bidding action on the high side.
There is little data of note due on Wednesday on both sides of the Atlantic. Euro markets are entirely absent from the economic docket for the midweek market session. USD traders will have to wait until the NY market session before an appearance from Federal Reserve (Fed) Board of Governors member Adriana Kugler, who will be speaking at the Harvard Kennedy School in Cambridge.
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EUR/USD recovers ground on Greenback weakness
| 2024-09-25 23:02
EUR/USD cut away bearish sentiment and rallied back into recent highs on Tuesday, taking another unsuccessful run at 1.1200. The Euro itself has little reason to be bid up by traders, but a broad-market weakening in the Greenback is helping to keep Fiber bidding action on the high side.
There is little data of note due on Wednesday on both sides of the Atlantic. Euro markets are entirely absent from the economic docket for the midweek market session. USD traders will have to wait until the NY market session before an appearance from Federal Reserve (Fed) Board of Governors member Adriana Kugler, who will be speaking at the Harvard Kennedy School in Cambridge.
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