383 days ago • Posted by Ajmir Omid

USD pulling lower after Powell's speech #eurusd #fx #trading

This morning, the dollar is trading lower against EUR, as Federal Reserve Chair Jerome Powell failed yesterday to toughen his stance on inflation, even with the US witnessing impressive job growth in the previous week. But chances for a dollar appreciation are high. A key resistance to watch for is near the 1.0800 level on EURUSD.