FX Empire • 10 hours ago
The EURUSD pair has been trading near the lows of the range since Friday and as of today morning, there has not been much change as the FX moves have been pretty limited during this time. The pair is under pressure due to the growing strength of the dollar which has gained mainly due to the anticipation over the Fed meeting this week. The market expects the Fed to make its first move for this year with a rate hike but it remains to be seen whether that would be enough to spur the dollar bulls on further or whether the market would be needing much more than that.
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