Dollar’s selloff gathered pace in European trading, with EUR/USD breaking above the 1.17 mark and appearing ready to retest 1.1829 short-term top. Momentum in the pair reflects broad pressure on the greenback, though Fed rate expectations have shifted only modestly. Markets now assign a 96.22% probability to a 25bps cut at the September FOMC, up […]The post EUR/USD clears 1.17, Trump’s lawsuit threat against Powell adds to Dollar’s woe appeared first on Action Forex.