Dutch International: Euro under pressure falls, the Fed expected to hold interest rates unchanged this week.

Analyst Chris Turner of the Dutch International Group stated in a report that the forex market's response to the US-EU trade agreement has been limited, as there was already an expectation of reaching an agreement last week. With the market awaiting the Federal Reserve's interest rate decision this week, the euro is under pressure to decline. It is widely expected that the Federal Reserve will maintain interest rates unchanged. The Dutch International Group predicts that if the Federal Reserve continues to resist the political pressure to cut interest rates, the euro against the dollar may fall to 1.16. Data shows that the money market does not anticipate the Federal Reserve cutting interest rates before October.