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fxJun 19, 2026, 3:30 PM

EUR/USD Rebounds on USD Pullback but Fed Cap Gains

EUR/USD stages a rebound on Friday as the US Dollar eases, but hawkish Federal Reserve bets limit upside. The pair trades around 1.1470 after bouncing from a three-month low of 1.1417.

EURUSD

The euro recovered on Friday as the US dollar retreated from recent highs, allowing EUR/USD to climb back toward 1.1470. The pair bounced from a three-month low of 1.1417 touched earlier in the session.

However, any upside appears capped by persistent expectations that the Federal Reserve will maintain its hawkish stance. Traders remain cautious, keeping gains in check as the market weighs the Fed's next moves against the dollar's broader strength.

Source: FXStreet Forex News