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EUR/USD stable as investors eye Fed rate cut and Powell's remarks

EUR/USD trades with limited direction on Tuesday, holding around 1.1640 at the time of writing as market participants avoid taking major positions ahead of Wednesday’s Federal Reserve (Fed) meeting.
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New Zealand Dollar stalls below 0.5800 ahead of Fed decision

NZD/USD trades around 0.5780 on Tuesday at the time of writing, virtually unchanged on the day. The New Zealand Dollar (NZD) is attempting to extend its rebound, but the US Dollar (USD) has regained a touch of support, limiting the pair’s upward momentum.
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