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via fxstreet.comMarkets

Euro steadies near 17-month lows ahead of Fed rate verdict

FROM THE WIRE · FXSTREET.COM

EUR/USD trades with a positive bias during American trading hours on Wednesday as the US Dollar (USD) pauses its advance ahead of the Federal Reserve’s (Fed) monetary policy decision, due at 18:00 GMT.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe Fed decision due at 18:00 GMT may move EUR/USD during the session.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EUR/USD trades with a positive bias during American trading hours on Wednesday.
  2. 02The US Dollar pauses its advance ahead of the Fed decision.
  3. 03The Federal Reserve's monetary policy decision is due at 18:00 GMT.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1134+0.02%today +0.03%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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