Euro edges higher vs dollar ahead of Fed decision
EUR/USD rose to around 1.1393 in European trade on Wednesday, supported by a softer dollar as markets await the Federal Reserve's policy announcement.
EURUSD
The euro ticked higher against the US dollar during Wednesday’s European session, trading near 1.1393. The move comes as the greenback weakened slightly ahead of the Federal Reserve’s monetary policy decision, due at 18:00 GMT.
Market participants are positioning for potential signals on the pace of future rate adjustments. The mild dollar softness has given the common currency room to edge up from recent levels.
Source: FXStreet Forex News