FX.co ★ Evening review for EURUSD for 12/11/2019. We are waiting for the Fed's decision

News: the data on inflation was released in the United States. Overall retail inflation rose slightly to +0.3% month-on-month - however, the "core" - that is, inflation excluding gasoline and food - is at the same level + 0.2%.

The Fed's rate decision will be released today at 20:00 London time.

Most traders believe that the rate will remain unchanged at 1.625%.

Still, I believe the Fed can make concessions to US President Trump, who has publicly demanded that the Fed cut rates - to lower the dollar and increase the competitiveness of US goods.

We keep euro purchases from 1.1035, stop and flip-down at 1.1035.

Possible purchases with a break of 1.1115 up.