18 Jun 2014
EUR/USD approaches 1.3600 after FOMC and Yellen
FXStreet (Córdoba) - The EUR/USD managed to hold above 1.3550 and move toward daily highs after the FOMC statement and following Yellen’s press conference. Currently trades at 1.3580, up 0.25% for the day and 10 pips above the price it had before the FED.
The FOMC left rates unchanged and made another cut to the purchase program of $10 billion as expected. The US dollar weakened across the board and is the worst performer of the day.
The EUR/USD is headed toward the highest daily close since June 9, but still trades below 1.3600. Printed a daily high at 1.3599 but then pulled back.
The FOMC left rates unchanged and made another cut to the purchase program of $10 billion as expected. The US dollar weakened across the board and is the worst performer of the day.
The EUR/USD is headed toward the highest daily close since June 9, but still trades below 1.3600. Printed a daily high at 1.3599 but then pulled back.