XE Market Analysis: North America – Jul 29, 2019

EUR-USD settled above the 25-month low seen last week at 1.1101, which was seen before the ECB policy announcement last Thursday, with its refrain from easing having buoyed the Euro somewhat. The big focus this week is on the Fed, with the two-day FOMC gathering concluding on Wednesday. With a 25 bp easing fully baked in the cake, the question is how dovish will the Fed’s forward guidance be.

Source: XE news feed
XE Market Analysis: North America – Jul 29, 2019