Will EUR/USD Surge with the Fed’s Upcoming Decision?
In This Article:
EUR/USD in Focus: Market Awaits Fed Decision and Key Economic Data
This week could be pivotal as the euro-dollar reacts to recent American inflation data. Last week, we saw a surprising dip in inflation that has market players buzzing about potential cuts from the Federal Reserve. Could we witness a significant policy shift on September 18th?
In this week’s Exness Market Outlook, we explore the potential for EURUSD to capitalize on the Fed’s statement and press conference. Will the euro soar to the $1.12 mark, revisiting late August highs, or will the outcome of the Fed meeting write a different story?
And don’t forget, there’s more data on the horizon with final eurozone inflation and American building and housing stats about to drop. Stay ahead of the curve – tune in to our analysis to understand what these developments could mean for your trading strategy.
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This article was originally posted on FX Empire