EUR/USD: Anticipating the Fed's Verdict in a Period of Calmness: Overview for December 13, 2023

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/EURUSD_14-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="lazy" /></div><p>The <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR/USD</a> pair maintains a steady state, poised for the Federal Reserve's decision.</p>

<p>The primary <a href="https://blog.roboforex.com/blog/2020/06/19/how-to-choose-a-currency-pair-for-trading-in-forex/" data-internallinksmanager029f6b8e52c="142" title="Currency Pair">currency pair</a> is in a consolidation phase this Wednesday. The present EUR/USD exchange rate is recorded at 1.0788.</p>

<p>The conclusion of the US Federal Reserve's two-day meeting is today. Now, it's a waiting game for the facts, as all the forecasts have already been articulated.</p>

<p>The recently unveiled US <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> figures from yesterday prompt contemplation. November saw the consumer price index rise by 0.1% m/m, contrary to the market's zero expectation. In the year-on-year assessment, it grew by 3.1%, in line with predictions. This is a marginal drop from the 3.2% y/y estimated a month ago.</p>

<p>Core inflation holds steady at 4.0% y/y.</p>

<p>While the inflation report seems neutral, the positive <a href="https://blog.roboforex.com/blog/2019/11/12/momentum-efficient-oscillator-or-trend-indicator/" data-internallinksmanager029f6b8e52c="96" title="Momentum">momentum</a> seems to have diminished. The Federal Reserve's assessment of these statistics will be crucial.</p>

<p>Anticipate increased EUR/USD <a href="https://blog.roboforex.com/blog/2020/08/20/what-is-volatility-and-how-to-use-it-on-forex/" data-internallinksmanager029f6b8e52c="150" title="Volatility">volatility</a> in the afternoon.</p>

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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a href="https://blog.roboforex.com/blog/2023/12/13/eur-usd-anticipating-the-feds-verdict-in-a-period-of-calmness-overview-for-december-13-2023/">EUR/USD: Anticipating the Fed's Verdict in a Period of Calmness: Overview for December 13, 2023</a> appeared first at <a href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>