EUR/USD Stuck in Range Ahead of FOMC Decision

The EUR/USD currency pair remains within a well-defined September opening range, as neither bulls nor bears have established control over the market.

This week's ECB rate hike and hawkish guidance from President Lagarde did little to resolve the stalemate, leaving the Euro searching for a fresh directional catalyst.

Attention now turns to next week's FOMC decision, where expectations for a rate increase have surged following Friday's U.S. CPI release.