Intel chip executive Jim Keller departs company

EUR/USD Forecast: Is Losing Its Bullish Stance And About To Pierce The 1.1300 Figure

EUR/USD Current Price: 1.1294 * Risk-aversion took over as the Fed sees a long path towards recovery. * US Initial Jobless Claims hit 1.54 million in the week ended June 5. * EUR/USD is losing its bullish stance and about to pierce the 1.1300 figure.The EUR/USD pair has spent this Thursday consolidating below 1.1400, falling to fresh daily lows by the end of the day below 1.1300 as risk-off dominated the financial scene. Following the US Federal Reserve monetary policy announcement on Wednesday, equities entered a selling spiral that continued throughout the different sessions. The fact that the Fed will maintain rates at current lows at least through the next two years, among other things, sounded the alarm on those thinking on a soon-to-come economic recovery. The dollar benefited to a different extent against its major rivals from this risk-averse sentiment.The macroeconomic calendar had little to offer, as there were no...