In a statement released after the close of a two-day meeting of the Fed’s interest-rate setting committee, policy makers played down earlier concerns about turbulence in foreign economies to turn their attention back to the U.S.
The euro EURUSD, +0.0183% fell to $1.0905 in recent trade, its lowest level since Aug. 7, according to FactSet data. It traded at $1.1049 late Tuesday in New York.
The ICE Dollar index DXY, -0.04% a measure of the dollar’s strength against a basket of six rivals, was up 0.9% to 97.7290.
The dollar rose to USDJPY, -0.36% ¥121.24 after the statement, wiping out two days of declines against the yen. The buck traded at ¥120.43 late Tuesday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment