EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve’s monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year. Economic data from Germany […]

The post EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations appeared first on Action Forex.

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