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via fxstreet.comMarkets

Euro stays on the defensive ahead of Fed and ECB rate decisions, EUR/USD near 1.1145

FROM THE WIRE · FXSTREET.COM

EUR/USD remains on the back foot on Tuesday as the Euro (EUR) underperforms across the board amid concerns over France’s public finances, while a firmer US Dollar (USD) adds pressure. At the time of writing, the pair trades around 1.1145, extending losses for a fifth consecutive…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishEUR/USD is under pressure ahead of relevant monetary policy decisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EUR/USD trades around 1.1145 after five consecutive days of losses.
  2. 02The euro is weak on concerns over French public finances.
  3. 03A firmer US dollar adds pressure on the pair.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1142-0.03%today -0.33%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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