- EUR/USD spiked lower to 1.1785 before rebound.
- US Dollar pares losses from Friday.
- ECB-speeches in focus
hit intraday lows below 1.1790/85 before rebounding. The pair currently trades steady at 1.18
EUR/USD:ECB-speakers & EU Summit under the spotlight
EUR/USD pares earlier losses and holds 1.18 amid a firmer dollar as the US session begins
The US Dollar Index is finding its feet again after Friday’s selloff – .
A lack of progress in US Congressional fiscal stimulus talks is lifting the US Dollar. .
ECB’s Lagarde comment on monetary policy, focusing instead on the idea and outlook of a digital euro. ECB Board members Luis De Guindos, Fabio Panetta and Isabel Schnabel are also expected to speak.
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