EUR/USD keeps the green near the 1.1650 level in the European session on Wednesday. Markets turn cautious and ignore the US Dollar ahead of the US Federal Reserve interest rate decision later on Wednesday, where a 25 bps rate cut is almost fully priced in. Meanwhile, cautious ECB-speak keeps the Euro afloat.
EUR/USD pressured by rising US rates, eyes 1.1585/90 support – ING
By FXStreet Insights Team | 09:50 GMT
EUR/USD Technical Overview