All Eyes on the Fed – Review for July 26, 2023

<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/EURUSD_2-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" decoding="async" loading="lazy" style="margin-bottom: 15px;" /></div><p><a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR/USD</a> is in a state of anticipation before potential evening movements.</p>

<p>The major <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 treading water on Wednesday, maintaining a neutral position. The current quote for EUR/USD stands at 1.1050.</p>

<p>The two-day meeting of the US Federal Reserve System is coming to an end tonight. As for the <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a> decision, it is relatively clear: a 25-basis point increase is expected, bringing the borrowing cost to 5.5% per annum. However, the real intrigue lies in the Fed's forward guidance &ndash; how they envision the September meeting and the duration of any pause before considering rate reductions.</p>

<p>Market expectations point to an unchanged rate in September, with indications of potential monetary policy easing possibly emerging in the spring of 2024.</p>

<p>While speculations abound, it is wise to wait for the evening to gather all the necessary facts.</p>

<p>As the day progresses, the euro/dollar pair is likely to experience significant <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>.</p>

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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a rel="nofollow" href="https://blog.roboforex.com/blog/2023/07/26/all-eyes-on-the-fed-review-for-july-26-2023/">All Eyes on the Fed – Review for July 26, 2023</a> appeared first at <a rel="nofollow" href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>