Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 29 - 03:55 PM

EUR/USD - US Dollar Firms After Fed Removes Inflation Language

By Christopher Romano  —  Jan 29 - 02:06 PM

• Fed left rates unchanged as expected but removed statement on inflation

• Fed removed language saying inflation had made progress toward 2% objective

• US yields & US$ firmed on the language removal

• EUR/USD added to losses, traded down to 1.0399 on EBS, was down -0.29%

• Fed Chair Powell's presser is now in focus
eurusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!