EUR/USD jumps despite Fed rate hold as markets still see cut in July

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  Posted by Two Blokes May 7 - Filed in Forex - 4 views
  
  EUR/USD churned within intraday levels after the Federal Reserve (Fed) held interest rates at 4.5% on Wednesday. Markets had broadly forecast a flat stance from the Fed for its May rate call, but the key for investors will be how much the Fed shifts its stance toward future rate cuts.