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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 10/12/2025 16:03

Euro edges lower as traders await Fed guidance

The euro edged lower against the British pound on Wednesday, with the EURGBP currency pair oscillating within its familiar one-week range as caution dominates broader forex markets ahead of the Federal Reserve’s interest rate decision later in the day. The cross traded near 0.8730, easing after touching an intraday high of 0.8751 during early European hours. With the Fed poised to cut rates, traders are waiting for fresh guidance on the outlook for 2026. Any adjustment in the policy path could reshape global rate differentials and broader market sentiment, creating spillover effects across major currency crosses, including EURGBP. At the

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