News from the Fed Push Down EUR/USD Price to a Year Low

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur-usd13-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Financial markets were buoyant last night due to news from the Fed. Interest rates remained unchanged — as expected. However, somewhat unexpected was the harsh rhetoric of Jerome Powell, who said that: → interest rate reduction in March is unlikely; → the Fed needs to see more data to be confident in the rate change. […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537908-news-from-the-fed-push-down-eur-usd-price-to-a-year-low/">News from the Fed Push Down EUR/USD Price to a Year Low</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>