EUR/USD Forecast: Bears take over on tapering speculation
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 wi...