Euro futures reversed early strength to close near 1.1640, holding right at the 100-day moving average. Volatility ticked higher across most asset classes as measured by the CVOL Index ahead of the FOMC announcement. While a 25 basis point rate cut is anticipated, persistent inflation and economic uncertainty could prompt a hawkish tone regarding future policy.
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Learn More About Trading Futures and Options at CME Group: https://www.cmegroup.com/markets/fx.html
#euro #fomc #futures