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Potential to Continue Stronger U.S Dollar against the Euro

www.fxbom.com
09:50 AM

In trading in Asia today looks the dollar has increased significantly against the euro (10.8). The U.S. currency was looking solid and moves to strengthen against its main rivals. Market participants seem chose to hold the dollar ahead of Fed interest rate meeting of the discussion tonight.

The uncertainty surrounding the Fed meeting today’s conditions. Markets differ about whether the Fed will make further policy loosening in the face of the current U.S. economic conditions.Although most investors agree that the Fed still will express the outlook is less good, but probably no further action is also quite open.