- EUR/USD picks up bids to refresh intraday high, extends previous day’s recovery.
- Mixed Eurozone inflation, doubts over Fed and ECB’s role in banking fallouts challenge Euro pair buyers.
- US default fears, anxiety ahead of FOMC also act as additional checks for buyers.
- US ADP Employment Change, ISM Services PMI can entertain EUR/USD traders; bulls eye clues for Fed’s policy pivot.
EUR/USD cheers broad US Dollar weakness as it prepares for the key Federal Open Market Committee (FOMC) monetary policy meeting announcements early Wednesday, picking up bids to refresh intraday high near 1.1025 by the press time.
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