The Fed is widely expected to keep rates unchanged. Investor attention will focus on Jerome Powell's comments, particularly on how oil market volatility may influence the policy outlook.
The Euro retreated from the resistance of 1.1655 and managed to close from the target and support of 1.1400 last Friday before rebounding as expected. The market is still facing pressure towards the 1.1200 zone with resistances at 1.1530 and 1.1655.
EUR/USD: Options signal pre-war regime – Commerzbank
EUR/USD struggles to extend recovery above 1.1550, Fed's policy remains in focus
EUR/USD: Fed seen waiting as pair holds gains – Danske Bank
EUR/USD Price Forecast: Flat lines below 200-hour SMA/1.1550 ahead of central bank events
EUR/USD steadies near 1.1550 as caution prevails ahead of Fed decision
EUR/USD rises as US Dollar eases ahead of Fed interest rate decision
The EUR/USD forecasts for the week will be shaped by the war headlines and the interest rate decisions of the Fed and ECB.
EUR/USD: Sentiment-led recovery extends – Scotiabank
The EUR/USD pair has spent much of 2026 in a clear downward channel, shedding more than 1.9% year-to-date and trading near multi-month lows below 1.15 for extended periods. But the pair made a big comeback, gaining 0.78% on March 16 and continued to rise slightly during intraday session on March 17, staying around 1.1510–1.1517.
Higher low formation supported at $1.1479 giving bulls hope despite USD strength and European energy woes.