EUR/USD falls below the key 1.1560 support ahead of the FOMC decision. What's next?
EUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bearish | 1.1500 |
UBS | Bullish | 1.1800 |
UOB | Bullish | 1.1800 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar weakened on Friday despite a higher than expected monthly core inflation reading. It was a strange reaction, as the data boosted expectations for a Fed rate hike, with traders now pricing in a 93% chance of an increase tomorrow. Moreover, s
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