EUR/USD whipsaws post-FOMC, Fed Chair Powell speech on deck

  • EUR/USD whipsawed on Wednesday after the Federal Reserve's (Fed) Federal Open Market Committee (FOMC) kept interest rates unchanged, as investors had broadly expected. Fiber continues to churn in a long-tailed midrange near the 1.1500 handle as traders await Fed Chair Jerome Powell's upcoming press conference and follow-up Q&A session.