\n Share:<\/span><\/p>\n The EUR\/USD<\/a> dipped into the 1.0900 handle heading into the tail end of Tuesday’s trading session after the Federal Reserve’s (Fed) latest minutes from the US central bank’s October 31st – November 1st meeting revealed that the Federal Open Market Committee (FOMC) remains firmly committed to higher rates<\/a> to combat forward-looking inflation expectations.<\/p>\n Markets initially twisted on release, but remain steady heading into Wednesday’s trading despite the notable tonal disconnect between a hawkish Fed<\/a> and broader markets’ desire for a rate cut cycle to begin.<\/p>\n FOMC minutes: Further tightening would be appropriate if progress toward inflation objective was insufficient<\/a><\/p>\n with the Fed’s Meeting Minutes out of the way, markets will now be turning to focus on Wednesday’s US Jobless Claims and the EU’s Consumer Confidence survey for November.<\/p>\n US Initial Jobless Claims for the week ending November 17th are expected to retreat slightly to 225K from the previous week’s multi-year high of 231K; the 4-week average for Initial Jobless Claims<\/a> is currently 220.25K.<\/p>\n The US Michigan Consumer Sentiment Index is expected to slightly improve for November from 60.4 to 60.5, and US Durable Goods Orders in October are forecast to show a decline from 4.6% to -3.1%. US Inflation Expectations are also forecast<\/a> to hold steady at 3.2% in November.<\/p>\n On the EU side, Consumer Confidence is expected to show an improvement, but only by a sliver: analysts are expecting a minor uptick from -17.9 to -17.6.<\/p>\n <\/p>\n The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Pound Sterling.<\/p>\n\n
Euro price today<\/h2>\n
![\"\"](\"https:\/\/editorial.fxstreet.com\/miscelaneous\/EUR_USD-638361935506755972.png\")
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