The EUR/USD holds on to the previous day’s gain in the Asian session. The pair is in a continuous bull run from the lows of 1.1985.
At the time of writing, EUR/USD is trading at 1.2230, up 0.04%.
The depreciation in the US dollar keeps the EUR/USD pair buoyed against the majors. The US Dollar Index(DXY), which tracks the performance of the US dollar against its six major rivals, lost ground on Tuesday, and trades below the 90 mark.
At the time of writing, EUR/USD is trading at 1.2230, up 0.04%.
The depreciation in the US dollar keeps the EUR/USD pair buoyed against the majors. The US Dollar Index(DXY), which tracks the performance of the US dollar against its six major rivals, lost ground on Tuesday, and trades below the 90 mark.