EUR/USD is stubbornly holding its strength, trading close to session highs despite the FOMC announcement drawing near, due in 90-minutes. Stops are seen just above the 1.4860 level.
The market has priced-in the Fed maintaining a dovish tone so we could see a sell-the-news reaction after a knee-jerk pop. A more hawkish take would knock the risk trade for a loop. EUR/USD trades near 1.4845.
