EUR/USD remains pressured near the lower end of its recent range after the Federal Reserve opted to keep interest rates unchanged at the 3.75%-4.00% level.
Societe Generale strategists note EUR/USD remains near the lower end of its recent trading range after the Fed held rates, with downside risks persisting.
The EUR/USD pair continues to hover near the bottom of its recent trading range following the Federal Reserve's decision to hold interest rates steady. Societe Generale strategists highlight persistent downside risks for the currency pair as market participants digest the central bank's latest policy stance.
Societe Generale strategists maintain a bearish view, noting that the pair remains near the lower end of its recent trading range with ongoing downside risks.