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International Netherlands: The euro is under pressure and falling. The Fed is expected to maintain interest rates unchanged this week.
Jin10 data July 28 news, ING analyst Chris Turner stated in a report that the forex market's reaction to the US-EU trade protocol has been limited, as there were already expectations of an agreement last week. With the market waiting for the Fed's interest rate decision this week, the euro is under pressure and falling. The market generally expects the Fed to keep interest rates unchanged. ING expects that if the Fed continues to resist political pressure to cut rates, the euro to USD could fall to 1.16. Data shows that the currency market does not expect the Fed to cut rates before October.