After the Fed issued a statement declining dollar
news early Thursday morning after the Fed statement, the dollar fell slightly against the euro. Monetary policy makers in the two-day meeting unanimously adopted a plan to keep interest rates unchanged and the decision to buy government bonds. P>
analysts are carefully inspected the Fed's statement that they expect to find when it will withdraw from the Federal Reserve for signs of loose monetary policy. Tightening of monetary policy would be for the dollar. P>
U.S. dollar against the other 6 tracks major currencies dollar index rose from Tuesday's 77.973 points to 77.776 points to 77.934 before the announcement in a statement points. P>
euro against the dollar from $ 1.3682 late Tuesday rose to $ 1.3706, in the statement as $ 1.3677 before the announcement. P>
U.S. dollar against Japanese yen from 82.23 yen on Tuesday, rose slightly to 22.26 yen. P>
Fed officials said they expected the economy will continue to improve, but still not enough to make rapid decline in the unemployment rate. The current unemployment rate of 9% or more. P>
Brown Brothers Harriman, head of global foreign exchange strategy, said Marc Chandler, "the statement more emphasis on employment job, this is a new sign. Continue to implement the Treasury purchase program and the job market, intraday changes in the dollar point of view rapid decline. "(Ming Yu) p>
