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fxJun 17, 2026, 4:51 AM

EUR/USD Holds Above 1.1600 as Bulls Await Fed Rate Decision

The EUR/USD pair trades with a positive bias for the third consecutive day, holding steady above the 1.1600 mark as traders anticipate the Federal Reserve's interest rate decision.

EURUSD

The EUR/USD pair maintained its positive bias during Asian trading, staying above the 1.1600 level for a third straight session.

Market participants are now focused on the upcoming Federal Reserve rate decision, which is expected to provide direction for the currency pair. The euro's resilience against the dollar reflects cautious positioning ahead of the announcement.

Source: FXStreet Forex News