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FX Desk

Euro holds near one-month low against US Dollar ahead of Fed verdict

By FXStreet

Euro holds near one-month low against US Dollar ahead of Fed verdict

EUR/USD remains on the back foot on Tuesday as rising US Treasury yields support the US Dollar. However, the pair lacks strong follow-through selling as traders avoid placing large bets ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.

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Source: FXStreet