y week. That said, the major currency pair trades between 1.0130 and 1.0280 in the last week with eyes on Wednesday’s Federal Open Market Committee . It’s worth noting that the mildly positive performance of the Wall Street and downbeat economics from the US and Eurozone restricted the quote’s latest moves.
It’s worth noting that US Treasury Secretary Janet Yellen talked down fears of the US recession earlier while saying, “A second quartercontraction would not signal recession because of underlying job market strength, demand and other indicators of economic health.”
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