OANDA:EURUSD   Euro / U.S. Dollar
At the beginning of the day, EURUSD is trading in the range,
in anticipation of the FED announcing its interest rate decision later today.

Currently EURUSD is trading at 1.1115.

The US monetary policy meeting will end today and markets expect
the FED to cut interest rates for the third time this year,
amid trade tensions affecting US economic growth.

Over the last few days, the dollar has gained ground against major currencies
amid rising hopes of a US-China deal. However, an administration official said
the deal may take a little longer to finalize and sign.

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