FXstreet.com (London) - US traded fairly flat across the majors today. The Federal Reserve Bank tomorrow end their to day meeting to discuss policy and come to a decision on interest rates. While rates are widely expected to be
held firm at 25bps, as seems to be the theme recently, investors will be eyeing closely for language and mood as indicators for future policy. With a string of positive national indicators and activity recently there is potential
for rates to be hiked earlier than originally expected.
The picture of Major dollar pairs across the board approaching the end of Asian session is largely flat and look likes this: EUR/USD 1.4536/7 (flat), Swissy 1.0408/17 (+0.07%), Cable 1.6239/44 (-0.16%), USD/JPY 89.51/5 (-0.10%)
Dollar strengthened technically against the Pacifics as AUD and NZD retreated on dovish outlook from RBA.