FXstreet.com (Córdoba) - EUR/USD trades at 1.4842/45, at intra-day highs. The pair is consolidating gains and current price is 0.82% above today's opening price. In a few minutes the FED will decide on monetary policy. Dollar is posting considerable losses across the board and only gains against the Yen.
The ecPulse.com analysis team affirms: So far the green Benjamin remains weak as it was throughout the previous EU session since it is highly speculated that the Fed keeps interest rates at a low rate for a long extended period despite a stronger recovery witnessed throughout the United States current economical conjuncture, which boosted accordingly the appeal of the high-yielding currencies; the euro and the pound.