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.