The EUR/USD currency pair is maintaining a steady position above the 1.1650 mark, currently trading around 1.1665 during early Asian sessions on Tuesday. This stability comes as traders react to recent tensions surrounding the Federal Reserve, following US President Donald Trump’s administration's threats to indict the central bank. This situation escalated after Fed Chair Jerome Powell revealed he is under criminal investigation.
Market participants are closely monitoring these developments, as concerns over Fed independence could impact monetary policy and overall market sentiment. The exchange rate dynamics between the euro and the US dollar could be influenced by the ongoing political climate, leading to potential volatility in future trading sessions. Investors remain cautious, weighing the implications of these threats on broader economic stability and the USD's strength against the EUR.
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Data Source: FX Killer Analysis Team Updated: 2026-01-13 01:29
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.