FX.co ★ Hot Forecast for EUR/USD on November 26, 2024

Despite some fluctuations, the market is essentially at a standstill. This pattern may persist until the FOMC meeting minutes are published this evening. A significant reaction is only likely if the minutes contain something new. However, this is highly improbable, as representatives of the U.S. Federal Reserve have repeatedly stated that the Federal Reserve System will pause further monetary policy easing. As such, the stagnation is expected to continue.