EUR/USD Maintains Strong Position near 1.0800 Amid Anticipation of Fed Powell's Testimony

Tuesday, 9 July 2024, 09:12

EUR/USD holds steady above the key level of 1.0800 during the European session, maintaining gains. Market focus shifts towards the upcoming testimony by Fed Chair Powell, impacting the currency pair's movement. The stability near 1.0800 indicates potential market sentiment awaiting Powell's insights.
FXStreet
EUR/USD Maintains Strong Position near 1.0800 Amid Anticipation of Fed Powell's Testimony

EUR/USD Stability at 1.0800

EUR/USD maintains gains above the crucial level of 1.0800, signaling market stability.

Fed Chair Powell's Testimony

Market attention turns to Fed Chair Powell's upcoming testimony, influencing currency pair movement.

  • Strong Position above 1.0800
  • Market Focus on Powell's Insights

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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