EURUSD gets the more hawkish comment and reverses to the 1.1700 level
Powell lays the framework for tapering to begin
Fed Powell’s comment that set the timeline for the taper has push the EURUSD back down (higher dollar). The prices is back down testing – and now moving below – the 1.1700 to 1.1705 support level. That area held on the first dip right after the rate decision.
