The euro temporarily forgot about the ECB’s QE. The Fed’s no hike decision and lower forecasts in general boost EUR/USD.
At the time of writing, the pair trades around 1.1390, up from around 1.1330 but below the peak of 1.1420 seen earlier. Here is what’s moving the euro now and why the move may be limited.
Read the rest of the article EUR/USD higher on the Fed, but limited by “risk on” mood