{"id":51079,"date":"2021-09-20T23:00:45","date_gmt":"2021-09-20T19:00:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=51079"},"modified":"2021-09-20T23:00:48","modified_gmt":"2021-09-20T19:00:48","slug":"euro-declines-ahead-of-fed-and-cbs-meetings","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-declines-ahead-of-fed-and-cbs-meetings\/09\/20\/market-updates\/forex-markets\/","title":{"rendered":"Euro declines ahead of Fed and CBs meetings"},"content":{"rendered":"\n<p>Euro declined against the U. S. dollar on Monday as dollar firmed ahead of a week that will witness several central bank meetings globally.<br><br>Immediate resistance can be seen at 1.1738 (50%fib), an upside break can trigger rise towards 1.1771(61.8%fib).<br><br>On the downside, immediate support is seen at 1.1697(38.2%fib), a break below could take the EURO\/USD pair towards 1.1650 (23.6%fib).<br><br>More than a dozen central banks will hold meetings this week, but traders significantly focus on the Fed where expectations for a tapering signal impacting the strength of the USD. <br><br>Fed concludes a two-day meeting on Wednesday. It is expected to stick with broad plans for tapering this year but will postpone details on a timeline for a at least a month ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Euro declined against the U. S. dollar on Monday as dollar firmed ahead of a week that will witness several central bank meetings globally.Immediate resistance can be seen at 1.1738 (50%fib), an upside break can trigger rise towards 1.1771(61.8%fib).On the downside, immediate support is seen at 1.1697(38.2%fib), a break below could take the EURO\/USD pair &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37],"tags":[7470,6928,6885,7468],"class_list":["post-51079","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","tag-central-banks","tag-euro","tag-fed","tag-tapering"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=51079"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51079\/revisions"}],"predecessor-version":[{"id":51083,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/51079\/revisions\/51083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31822"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=51079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=51079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=51079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}