Mumbai, July 2 -- Euro stayed in a commanding position against the US dollar as markets eyed possibility of a near term interest rate cut by the US Federal Reserve. The US central bank could start rate cuts this month after Fed Chair Jerome Powell, asked if July was too soon to consider rate cuts, said he can't say it but that the decision would depend on the economic data. Dollar index struggled near a multi-year low following these comments though Powell's overall assessment of monetary policy was cautious. EUR/USD pair added to its recent gains amid these cues, holding around four year high. The Euro recorded its longest winning streak against the dollar in more than two decades in last week, clocking a spurt of around 1.50%. Economic ...