Back To Top

May 7, 2025

EUR/USD Maintains Gains Ahead of Fed’s Monetary Policy Decision, Traders Anxious

EUR/USD continues to hold onto gains, trading around 1.1370 during Wednesday morning in Europe. This stability comes as the U.S. dollar experiences a slight dip in value prior to the Federal Reserve’s interest rate decision scheduled for 18:00 GMT. Market players are keeping a close watch, anticipating the Fed’s statements on monetary policy that may impact this major currency pair. Understandably, traders are eager to see if the euro can maintain its strength or if adjustments will be necessary following the Fed’s announcement.

Prev Post

Solana Soars 2% Ahead of FOMC Meeting as Bullish Sentiment…

Next Post

Analysts Advise ‘Hold in May and Stay’ as Trump-Driven Bitcoin…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment