Share: Risk appetite dominated the financial board and put further pressure on the greenback. US Fed’s chair Jerome Powell reiterated his well-known stance of holding back rate hikes. EUR/USD trades at fresh April highs may correct lower in the near-term. The EUR/USD pair neared 1.2000 this Wednesday, as Wall Street rallied to record highs, with risk-appetite weighing on the greenback. Comments from US Federal Reserve chief Jerome Powell who repeated his well-known conservative stance. He repeated that it is highly unlikely that the Fed would raise rates before the end of 2022, adding that the US economy is at an inflexion point and heading “a period of faster growth, more job creation.”