EUR/USD retreats towards 1.0350 amid risk aversion ahead of EU inflation, says Fed’s Powell
EUR/USD begins the week’s trading session with a bearish spread. Worries surrounding Russia’s oil price cap, China’s Covid conditions are weighing on prices. ECB’s Makhlouf teases smaller interest rate hikes in 2023. Risk catalysts are key ahead of inflation numbers, Fed Chairman Powell’s speech and the US jobs report. EUR/USD remains under pressure around 1.0380, …