As we anticipated earlier, up to the publication of the Federal Reserve's decision on federal funds rate The market volatility was centered in the zone of 1.0450 level. was concentrated in the zone of 1.0450 level. The rate range was left unchanged, however, moreover, comments from the Fed also failed to provide clarity regarding the Regulator's future moves. In this regard, all attention is now focused on the publication of the European Central Bank's decision Bank's decision and statements during the subsequent press conference. At the moment ECB rate cut of 0.25% is expected, which may put additional pressure on the single currency. pressure on the single European currency, which is already in a downtrend against the dollar. downtrend against the US dollar.