EUR/USD Reaches Monthly High Above 1.0900, But Takes a Turn as US Yields Rise Before Powell’s Speech
EUR/USD Resumes Downtrend but Sees Late Buying Interest The EUR/USD pair experienced a drop of 0.43% on Tuesday, reaching a new monthly low of 1.0832. The pair appeared to be on track to continue its descent towards the 200-day Moving Average at 1.0795. However, as the day progressed, buyers entered the market and pushed the…