EURUSD-WHERE TO NEXT?Euro/US DollarFX:EURUSDShane-investmentThoughts about interest rate cuts to come from the U.S Federal Reserve have been placed in a corner and are not being discussed for the moment. The sustained costs of WTI Crude Oil and other energy resources has sent a shiver into financial institutions as they consider the potential of inflation. The EUR/USD hit a high of nearly 1.16300 in the middle of this past week, only to give back its gains as selling hit global equity markets. Central banks are now in a position that are uncomfortable.