Euro edges up as the Fed holds ahead of the ECB decision
FROM THE WIRE · FXSTREET.COM
After the Federal Reserve's (Fed) hold, Thursday's decision from the European Central Bank (ECB) is the week's last chance to change EUR/USD's rate gap, and a hold is expected there too. The pair rose on the statement and won back part of a slide from the session high just above…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe expected ECB hold can still influence the EUR/USD exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Fed held rates and the ECB decides on Thursday.
- 02A hold is also expected from the ECB.
- 03EUR/USD rose after the Fed statement, recovering part of its session-high slide.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets