Forex Forecasts – Fed Decision Threatens Volatility Across USD Pairs

Forex Forecasts – Fed Decision Threatens Volatility Across USD Pairs

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/forex-forecasts-fed-decision-threatens-130424220.html
Published: Jul 29, 2026 9:04 AM

EUR/USD Technical AnalysisEUR/USD sits at 1.1387, pinned below its EMAs near range support. Source: TradingView The euro initially rallied a bit during the trading session on Wednesday but continues to see a lot of noise right around the 1.14 level. There is about a 40% chance based on the FedWatch tool that the Federal Reserve is going to hike rates, and that means that a certain number of traders are going to be disappointed regardless of what happens. With that being said, the market is likely to continue to be one that is going to be choppy. The market has been decidedly negative for a while, and if the Federal Reserve sounds hawkish, then one would assume that the US dollar should stren...

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.