Thursday, May 25, 2017

Dollar strengthened in anticipation

The dollar strengthened in anticipation of the Fed meeting

According to the results of trading on Monday, the dollar held up well its major competitors. In no important economic data in the US, as well as news on the world stage have been published throughout the day. Nevertheless, the market is waiting for a large number of new data in the coming days.

In addition, investors are waiting for the results of the meeting the US Federal Reserve, which starts on Tuesday and ends on the following day.

Thus, the US currency rose to a high of 1.1095 against the euro, to 1.43 against the pound sterling and up to 113.790 against the Japanese yen.

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