Gold Research
Euro holds below 1.1400 against US Dollar as Fed interest rate decision looms
EUR/USD struggles below 1.1400 on Wednesday as traders brace for the Federal Reserve’s (Fed) interest-rate decision at 18:00 GMT, while the war in the Middle East fuels volatility across financial markets. At the time of writing, the pair trades around 1.1393, little changed on the day.
EUR/USD struggles below 1.1400 on Wednesday as traders brace for the Federal Reserve’s (Fed) interest-rate decision at 18:00 GMT, while the war in the Middle East fuels volatility across financial markets. At the time of writing, the pair trades around 1.1393, little changed on the day.
Gold impact rationale
Rising geopolitical risk strengthens gold's defensive appeal.
- Source: FXStreet news
- 2026-07-29
- geopolitics
Topics: gold news, gold price impact, geopolitics