EUR/USD Treads Water as Dollar Strength Favors Downside
The EUR/USD pair is trading in a tight band around the 1.1365-1.1370 area during the Asian session on Tuesday, holding just above its lowest level since July 28.
Firm expectations for additional Fed tightening and multi-year highs in U.S. bond yields continue to underpin USD strength.
ECB President Lagarde's support for a measured policy path tempers expectations for aggressive rate hikes in the Eurozone.