Daily Foreign Exchange Market Summary 04/11/2009

04 November 2009 @ 11:47 am EDT

The US dollar remained under pressure this morning after the release of the ISM Non-manufacturing index which came in at 50.6 just below expectations and ahead of this morning's policy decision from the Federal Reserve which is due out at 11:15am PST.  Analysts are looking for a potential change to the Fed's language which previously indicated that rates would remain low for "an extended period."

For more market reports go to Union Bank of California

E-Newsletters

We value your privacy. Your email address will not be shared.