EUR/USD stable ahead of FOMC meeting

Note: This section contains information in English only.
Source: WBP Online

The Euro has been trading steadily against the US Dollar at $1.13, however, volatility is bound to increase as the verdict on fed funds is announced on Wednesday afternoon. Although the rate is likely to remain at 0.5%, the dovish sentiment following the poor performance of the US economy during the first quarter may put more downward pressure on the Dollar.

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