Euro futures held inside range ahead of Warsh Fed debut.

Euro futures finished the New York cash session with an inside range day, reflecting market hesitation ahead of major macroeconomic catalysts. Eurozone core inflation provided an upside surprise, reaching 2.6% year-over-year, driven by a jump in services inflation to 3.5%, while the headline rate held steady at 3.2%. Traders are closely monitoring back-to-back central bank decisions, starting with the Federal Reserve meeting under new chair Kevin Warsh. Markets anticipate a steady Fed rate, followed by the Bank of England's decision to maintain its 3.75% base rate. Market participants are focusing heavily on ensuing press conferences and policy statements, which are expected to drive volume and near-term direction for Euro futures against both the dollar and sterling.