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fxJul 1, 2026, 3:12 PM

EUR/USD Pares Losses on Soft US Data, Warsh Remarks

EUR/USD recovers some losses after softer-than-expected US economic data and comments from Fed Chair Kevin Warsh weigh on the US Dollar.

EURUSD

The euro trimmed its earlier losses against the dollar on Wednesday, supported by a weaker greenback.

Softer-than-expected US economic data and remarks from Federal Reserve Chair Kevin Warsh were cited as factors weighing on the US Dollar, allowing EUR/USD to pare some of its declines.

Source: FXStreet Forex News