EUR/USD Rises Ahead of Fed Decision as DXY Dips to 101.30
Investors await the Fed’s policy announcement, with markets pricing a 69.5% chance of unchanged rates at 3.50%-3.75%. The Euro (EUR) climbed to 1.1393 against the US Dollar (USD) in European trading, as the US Dollar Index (DXY) slipped to near 101.30. The move comes ahead