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Home.forex news reportFX Watch: EUR/USD and USD/CHF’s Trend Continuation in Case of a Dovish...

FX Watch: EUR/USD and USD/CHF’s Trend Continuation in Case of a Dovish FOMC Event

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After cutting its rates in December, the Fed is expected to keep its interest rates steady in January.

But that doesn’t mean we won’t see increased volatility! Our Event Guide for the January FOMC Decision suggests that the Fed could hint at further rate cuts, keeping pressure on USD’s prices.

Here’s why we’re looking at EUR/USD and USD/CHF’s trends if JPow and his team turn out to be more dovish than expected:

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