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EUR/USD gains traction above 1.1950 on Fed uncertainty
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FXStreet Forex & Commodities News
The US Dollar (USD) remains weak against the Euro (EUR) amid uncertainty over US economic policies.
The US president said on Tuesday that he will announce his pick for the new Fed Chair soon.
Trump added that interest rates will significantly drop as soon as a new Fed chair is at the helm.
The US central bank decided to leave interest rates unchanged in a range of 3.5%-3.75% at its January policy meeting on Wednesday.
The central bank indicated that rates are in a "good place" to ensure medium-term price stability.