EUR/USD Mid-Session Technical Analysis for August 19, 2021

EUR/USD Mid-Session Technical Analysis for August 19, 2021

The Euro is down on Thursday against the U.S. Dollar, but well off its lows as Euro Zone government bond yields dropped across the board, tracking U.S. Treasuries, after minutes from a U.S. Federal Reserve meeting showed that the world’s most important central bank is not yet ready to slow down its asset purchases.

At 10:38 GMT, the EUR/USD is trading 1.1694, down 0.0016 or -0.14%.