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TDUX
Sep 15 - 03:55 AM

EUR/USD - Likely To Reach 1.1490 Before Fed Decision On Wednesday

By Jeremy Boulton  —  Sep 15 - 02:38 AM

• Ichimoku cloud twists often attract and one is close by at 1.1490

• The EUR/USD daily cloud twists on September 15

• The Federal Reserve is expected to hike interest rates by 25bps

• Traders betting on a drop before the event may book profits after

• Fed hike to offset recent ECB hike, balance

• EUR/USD volatility is low and Fed hike unlikely to change that


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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