Finance

Euro finds support as softer US PCE data prompts traders to trim Fed rate-hike bets

· FXStreet

Euro finds support as softer US PCE data prompts traders to trim Fed rate-hike bets

EUR/USD holds modest gains on Wednesday as traders assess the latest economic data from both sides of the Atlantic. At the time of writing, the pair trades around 1.1363, up 0.20% on the day, after touching 1.1312 on Tuesday, its lowest level since May 2025.

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