💱Euro/US Dollar FX Spot Rate
EURUSD
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Hawkish Fed chair Warsh signals potential US rate hike, strengthening USD vs EUR
Impact on assets 1
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EUR/USD trades in positive territory around 1.1370 during the early European session on Thursday. A surprisingly hawkish message from Kevin Warsh as the new Federal Reserve chair last week has traders pricing a US hike as soon as September.
Hawkish Fed chair Warsh signals potential US rate hike, strengthening USD vs EUR