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United States Fed Interest Rate Decision in line with forecasts (4.25%)

EUR/USD holds near 1.1850 as traders await Fed decision, Powell press conference

The EUR/USD trades sideways on Wednesday as traders wait for the monetary policy decision by the Federal Reserve (Fed) and Chair Jerome Powell's press conference. At the time of writing, the pair trade sat 1.1848, down 0.15%.
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EUR/USD surges after Fed cuts interest rates to bolster slumping jobs data

The Federal Reserve (Fed) delivered a quarter-point interest rate cut, as markets had widely predicted.
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