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EUR/USD claws back further ground on Tuesday as markets await Fed Meeting Minutes in the mid-week
EUR/USD climbed to a two-week high just shy of 1.0840 on Tuesday after the US Dollar (USD) broadly fell before recovering in the US trading session after American markets returned to the fold following an extended weekend. EUR/USD reclaimed the 1.0800 handle for the first time in a week as the pair grapples with jump-starting a bullish recovery. Markets are gearing up for the latest Meeting Minutes from the Federal Reserve’s (Fed) Federal Open Market Committee (FOMC). European markets are also buckling down for the wait to euro area Purchasing Managers Index (PMI) figures due on Thursday. Broad market flows ... (full story)