EUR/USD Targets 1.1471—Will the Fed's SEP Validate Four-Hike Pricing?

TL;DR: One Fed hike is effectively certain today, but markets are pricing four hikes total at an approximately quarterly cadence—whether the SEP validates that path, or its hawkish tail, will decide whether EUR/USD extends below 1.1471 or reverses back through 1.1653.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 6 days ago

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News ID #17,850

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