This post was originally published on this site.The Dow Jones Industrial Average trades just above 52,100 and has spent the morning going nowhere, on the day the Federal Reserve is expected to raise its rate for the first time since 2023. That is not indifference.
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Euro: Consolidation with downside risks against US Dollar – Scotiabank
This post was originally published on this site.Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) is consolidating in a tight range around the mid-1.15s as markets await the Federal Open Market Committee (FOMC).
![[Aggregator] Downloaded image for imported item #39419 Dow Jones Industrial Average huddles ahead of Fed action](https://forbesmrkt.com/wp-content/uploads/2026/09/Economic-Indicator_Recession-5-360x360.png)
![[Aggregator] Downloaded image for imported item #39422 Euro: Consolidation with downside risks against US Dollar – Scotiabank](https://forbesmrkt.com/wp-content/uploads/2026/09/eur-usd-002-360x360.jpg)