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The main event for financial markets in the upcoming week is the FOMC Meeting on Wednesday. The EUR/USD exchange rate moved in a tight range for two months, looking for direction. What will the Fed presser bring for the most liquid currency pair? The new trading year started with the US equity markets already down more than 7%. Investors react to rising inflation and they fear a strong response from the Federal Reserve of the United States. While the stock market declined from its highs, the US dollar trades with a mixed tone. In fact, one may say that the US dollar and the FX market, in general, were relatively calm ... (full story)