Euro Gains Ground as Dollar Weakens Ahead of Fed Rate Decision
The euro has gained ground against the US dollar as the greenback weakens ahead of the Federal Reserve's next policy decision on interest rates.
Currency markets have turned cautious, with investors reducing their bets on the dollar in anticipation of the Fed's announcement.
The EUR/USD pair edged higher as traders weighed the likelihood of a hawkish or dovish outcome from the central bank's two-day meeting, which is set to conclude on Wednesday.