The EUR/USD Decreases as FOMC Starts-Off Session

The EUR/USD dropped advance of of tomorrow’s speech from the Federal Reserve. The Fed start-off its two consecutive day policy session today and will release its verdict tomorrow. The currency pair was also affected by concerns of the alleged Brexit. Retail sales increased 0.5% in May, a little more than specialists had anticipated (0.4%) although slower than the April’s 1.3% estimate of expansion. (Event A on the chart.) Import and export…

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