EUR/USD reverses early declines, climbs back over 1.04 – FXStreet
EUR/USD gains nearly 50 pips on Wednesday, up around half of a percent. Early losses came from a fresh inflation shock after January’s US CPI print came in hot. Fed Chair Powell’s testimony continues in its second day. EUR/USD clawed back chart paper on Wednesday, rebounding from early losses to reclaim the 1.0400 handle as