EUR/USD holds steady above 1.0500 as USD, DXY close FOMC gap
The EUR/USD pair managed to defend the key support level of 1.0500 after the US Dollar (USD) and the US Dollar Index (DXY) completed the gap from the Federal Open Market Committee (FOMC) meeting. The currency pair maintained its position above 1.0500, showing resilience in the face of recent market movements.