EUR/USD seen lower amid Fed hike expectations - UBS

FXStreet (Córdoba) - UBS analyst teams continue to expect a rate hike by the Federal Reserve at its 17 September meeting, which should pull the EURUSD lower again.

Key Quotes

“Wednesday's US July inflation data release will be the last inflation data the market sees before the meeting. Consensus is calling for a slight increase in core inflation from 1.8% to 1.9%”.

“Wednesday's release of the Federal Open Market Committee meeting minutes should also offer hints about the Fed's preparedness to hike rates”.