EUR/USD appears offered near 1.0660, looks at Powell EURUSD Currencies Majors Fed
: Continuation of the ECB hiking cycle amidst dwindling bets for a recession in the region and still elevated inflation. Impact of the Russia-Ukraine war on the growth prospects and inflationSo far, the pair is retreating 0.15% at 1.0657 and faces the next support at 1.0532 seconded by 1.0481 and finally 1.0326 . On the other hand, the breakout of 1.0716 would target 1.0804 en route to 1.1032 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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