Fed widely expected to hold rates
The euro is in negative territory on Wednesday after posting a losing session a day earlier. In the North American session, EUR/USD is trading at 1.0532, down 0.40%.
Fed expected to pause rates
The Federal Reserve makes its interest rate announcement later today and the markets have fully priced in rate pause, which would keep the benchmark rate at 5.25%-5.50%.
01-11-2023 13:58 GMT
by Kenneth Fisher