The Euro (EUR) had a test above 1.4600 but retraced back to more familiar levels on USD buying in the US session. The market will be closely watching the FOMC decision to work to see if the Euro rally is over. Overall the EUR/USD traded with a low of 1.4524 and a high of 1.4629 before closing the day around 1.4580 in the New York session.
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