EUR/USD rises for second day in a row but bearish trend remains

The EUR/USD pair is up for the second straight day ahead of the first presidential debate between Donald Trump and Joe Biden. The pair is also reacting to the relatively sentiment data from Europe. It is trading at 1.1700, which is substantially higher than the Friday’s low of 1.1612. Dollar slides ahead of Joe Biden and Trump debate The EUR/USD pair is rising in part because of the overall weaker US dollar as traders wait for the first debate between Joe Biden and Trump. The currency has declined by 0.50% against the Swedish krona, 0.25% against the Swiss franc, and