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Back Fundamental analysis
EUR/USD trading flat quietly anticipating turbulence after Fed's announcement
The EUR/USD pair is trading within a
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The EUR/USD pair is trading within a narrow range as the market awaits the outcome of the December Federal Reserve meeting. Neither buyers nor sellers are willing to take large positions on the EUR/USD pair, anticipating heightened volatility once the FOMC announces its decision. The only question is whether the buyers or sellers will take advantage of this volatility. The suspense continues: hawkish expectations may be exaggerated, yet they are justified, as the Federal Reserve cannot ignore the acceleration of headline inflation in the US. Following the Fed
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Irina Manzenko,
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