EUR/USD holds in range as US government reopening hopes lift mood
EUR/USD is showing a moderate decline, although it remains within the previous days' ranges, trading above 1.1550 at the time of writing on Tuesday. A deal to end the US government shutdown has given the US Dollar a fresh push, but the positive market sentiment is keeping the pair afloat.
The US Senate approved a funding package on Monday that would allow for the reopening of the government after a 35-day closure, its longest in history. The law will now be sent to Congress, where it is expected to be approved as early as Wednesday to be signed by US President Donald Trump.
In Tuesday's Eurozone economic calendar, European Central Bank (ECB) President Christine Lagarde's comments and the German ZEW Survey – Economic Sentiment Index are likely to drive markets, while in the US, the focus will be on the ADP 4-week employment report.
Source : Fxstreet.com