USD fell on Thursday after the FED’s meeting when it became clear that the central
bank will leave interest rates unchanged amid global challenges.
The US currency hit a three week low against the euro and two-week against the
Swiss franc with a perspective of further depreciation.Recent economic forecasts indicate that 13 of the 17 Fed
politicians expect at least one increase of interest rate by the end of 2015.
“Recent global economic and financial developments may
restrain economic activity somewhat and are likely to put further downward
pressure on inflation in the near term,” the Federal Open Market Committee said
in a statement Thursday in Washington.
Immediately after the decision of the Central Bank, the euro rose to
three-week highs of 1.1420 as last was trading with profit of 0.9 % for 1.1408
dollars. Against the yen, the greenback lost 0.3% to 119.73.
The US dollar, meanwhile, fell to two-week lows against the Swiss franc and was
traded for 0.9618.
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