{"id":150328,"date":"2019-06-26T07:15:08","date_gmt":"2019-06-26T11:15:08","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=150328"},"modified":"2019-06-26T06:34:22","modified_gmt":"2019-06-26T10:34:22","slug":"eurusd-pair-stabilised-around-the-45th-degree","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/06\/eurusd-pair-stabilised-around-the-45th-degree\/","title":{"rendered":"EURUSD: pair stabilised around the 45th degree"},"content":{"rendered":"
June 26, 2019<\/div>
\r\n<\/div><\/div>

By Alpari.com<\/a><\/strong><\/p>\n

\n
\n

Previous:<\/em><\/strong><\/p>\n

On Tuesday the 25th<\/sup> of June, trading on the euro closed down. Initial growth with a lack of volume led to a 68-pip drop. The euro was also pushed in this direction by a resurgent dollar during the US session, which was boosted by comments made by FOMC member James Bullard. He said that now was a good time to lower rates as a precautionary measure, but spoke out against a 50-base-point decrease, signalling that one rate reduction would be enough.<\/p>\n

Fed Chair Jerome Powell maintained that the FOMC\u2019s outlook remained positive despite increased uncertainty. Many in the FOMC see good reason for stronger stimulus, but also don\u2019t want to overreact to individual data releases. Powell noted that unemployment is low, the economy is growing, and inflation is approaching its target level.<\/p>\n

Day\u2019s news (GMT+3):<\/em><\/strong><\/p>\n