13 January 2026, 14:28 Euro Zone: EUR Steadies Near One-Month Low as Fed Concerns Ease.
The euro stabilized just above the $1.165 level, hovering near a one-month low reached last week, as worries over the Federal Reserve’s independence eased following pushback from several Republican lawmakers against a Justice Department criminal investigation involving Fed Chair Jerome Powell. Investors are now turning their attention to key upcoming data for fresh direction on monetary policy, including US consumer price inflation later today. In Europe, ECB Governing Council member Fran
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