The EUR/USD currency pair remains steady, trading flat at approximately 1.1625 during the early European session on Wednesday. This stability comes as market participants adopt a cautious stance ahead of the highly anticipated US Federal Reserve interest rate decision. Currently, a 25 basis points (bps) rate cut is nearly fully priced into market expectations.
As traders await the Fed's announcement, the exchange rate is likely to react significantly to any hints regarding future monetary policy. The decision could have broader implications for the USD and the overall forex market, influencing trading strategies and positioning in the days to come. Investors are keenly monitoring these developments, making the EUR/USD pair a focal point in today's trading session.
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Data Source: FX Killer Analysis Team Updated: 2025-12-10 04:53
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.