EUR/USD faces pressure as US Dollar ticks higher, US-UK trade deal in focus

  • EUR/USD ticks lower below 1.1300 during European trading hours on Thursday. The major currency pair edges down as the US Dollar (USD) trades slightly higher on signals from the Federal Reserve (Fed) that there is no rush to lower interest rates, which came on Wednesday just after the central bank left interest rates unchanged in the range of 4.25%-4.50% for the third time in a row.