Quite day for EUR/USD EUR is trading lower for the day ahead of the FOMC, but nothing interesting is happening in the pair. A rate raise has been almost ruled out this time, although the Committee could hint at further rate hikes at the next meetings in April or June (or both).

All in all, opinions amongst traders seem to favour a USD-supportive tone today, adding to further downside in spot.

I still believe that the committee will raise interest rates in the June meeting, but mabe today will give us a clue about their next step.
It is better to stay away from the pair today...
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