EUR/USD VULNERABLE AROUND 1.0460 AREA AMID DIVERGENT ECB-FED EXPECTATIONS

EUR/USD VULNERABLE AROUND 1.0460 AREA AMID DIVERGENT ECB-FED EXPECTATIONS
EUR/USD Struggles: The EUR/USD pair is struggling near a multi-week low, around 1.0455.
ECB's Dovish Outlook: The European Central Bank (ECB) has a dovish stance, cutting interest rates and suggesting more easing, which weakens the euro.
US Dollar Strength: The US dollar is supported by expectations that the Federal Reserve will be less dovish, along with rising US bond yields.
Downward Pressure: The combination of ECB’s stance and US dollar strength suggests the EUR/USD pair may continue its recent downtrend.