EUR/USD in a narrow range but next week's FOMC could be a game-changer - MUFG - ConsultFX

EUR/USD in a narrow range but next week's FOMC could be a game-changer - MUFG

MUFG on the euro MUFG Research discusses EUR/USD outlook and adopts a neutral bias but flags next week's FOMC as a possible trigger for reversing USD strength through next year. "The euro is continuing to stabilize at lower levels against the US dollar. A narrow trading range between the 1.1200 and 1.1500-levels remains in place for now.