6/3/2021 12:46:41 PM GMT EUR/USD Current Price: 1.2165 The US Federal Reserve announced it would start unwinding part of its programs. US employment-related data largely surpassed the market’s estimates, fueling dollar’s demand. EUR/USD pressuring daily lows and at risk of falling further. The EUR/USD pair held on to familiar levels a handful of pips below the 1.2200 figure through the first half of the day, retreating from a daily high at 1.2215 achieved during Asian trading hours. The main theme for the day is the US Federal Reserve, as the central bank announced on Wednesday that it will begin winding down part of its multiple programs set to support the economy throughout the pandemic.