The euro’s best run against the US dollar in five months is being put to the test due to fading prospects for a dovish tilt from the Federal Reserve and other global central banks. The euro has retreated from a six-week high touched on Thursday, paring its first monthly advance since May, although it still trades well above the level of 0.9536 hit last month, its weakest since 2002. Key now to the common currency’s trajectory is whether the US Federal Reserve maintains its hawkish policy stance when it meets next week - something that would bolster the greenback. According to Bank of America Corp and MUFG strategists, it’s too early for a Fed pivot and the central bank remains firm on hi
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