Stable dollar and cautious investors expect the US central position
Stable dollar and cautious investors expect the US central position
29/10/2014 10:53 GMT
Agencies – The dollar steadied on Wednesday as investors awaited a statement, the Fed (the US central bank), which is expected to renew his cautious about raising interest rates at the conclusion of the two-day meeting of the Monetary Policy Committee.
It seems almost certain that the Fed announce the termination of its bond-buying stimulus for the $ four trillion dollars but it is also likely to reassure markets that a rate hike would be imminent in light of the weak US inflation and slowing global growth.
The dollar fell 0.2 percent against the yen, which is considered a safe haven to hit 107.97 yen.
The euro was steady at $ 1.2735 near its highest price in a week of $ 1.2765 hit on Tuesday.
alrayy.com
