EUR/USD Price At Risk Of Decline Below 1.034 Amid Fed/ECB Divergence
May 16, 2022 at 07:49 AM EDT
The EUR/USD price remains positive as the pair soars above the 1.0400 mark with a 0.22% gain at 1.0433 at the time of writing. However, the upside potential seems limited as the Fed-ECB policy divergence and poor risk sentiment limit the gains.