The U.S. Federal Reserve is largely expected to raise the interest rate by 25 basis points to a corridor of 2% to 2.25% on Wednesday, hence the flat EUR/USD at 1.1766 in London morning trading. The Fed's monetary policy tightening is likely to end next year, says UniCredit, which means "most of the dollar's strength is behind us." The Fed could remove the word "accommodative" from Wednesday's statement, but most analysts think this is unlikely. Even if it does, "we would not expect this change to trigger any strong dollar buying," UniCredit says - via WSJ.