Euro Stalls Below 1.1400 as Markets Await Fed Rate Decision
EUR/USD remains capped below 1.1400 on Wednesday as investors await the Federal Reserve’s interest rate announcement, while Middle East tensions add to market volatility.
EURUSD
The euro is struggling to regain the 1.1400 handle against the dollar on Wednesday. EUR/USD was last seen near 1.1393, barely moved, as market participants hold fire ahead of the Federal Reserve’s interest-rate announcement scheduled for 18:00 GMT.
Heightened geopolitical tensions from the conflict in the Middle East are injecting additional uncertainty into financial markets, contributing to choppy trading conditions.
Source: FXStreet Forex News