FXstreet.com (Sydney) - The EUR consolidated gains against the dollar and is currently trading at 1.5081. The EUR/USD opened at 1.5040 but fell sharply to an intraday low of 1.5039 before recovering. The pair finds support at 1.5033 and resistance is at 1.5117. The pair is considered slightly bullish.

In the US, the Fed announced that it sees no major need to deviate from its current strategy in keeping interest rates at historic lows. While there were signs that the economy was on the improve, recovery was still a long way off. The US economy has lost 7.3m jobs since the recession began in 2007. November jobless and payroll data are due out tomorrow.