Forex Pros - The euro rose against the U.S. dollar, before falling back, after the Fed announced Aalvedrala a new round of stimulus to support a slowing economy.
EUR / USD hit 1.2961, the highest price for the day after the announcement, but at the time the pair subsequently consolidated at 1.2906, up 0.06%.
The pair was likely to find support at 1.2816, the lowest price since September 12 and resistance at 1.3006, the highest price since May 9. The Open Market Committee buy $ 40 billion of mortgage loans monthly in an effort to support the real estate market
Market awaits the results of the Fed meeting policy later on Thursday, amid speculation that the U.S. central bank may implement a third round of quantitative easing.
The Labor Department said that the number of U.S. individuals who filed for unemployment benefits market awaits the results of the Fed meeting policy later on Thursday, amid speculation that the U.S. central bank may implement a third round of quantitative easing.
Ruling paved the way for the President to repel German * Ik on the European Stability Facility certain circumstances, allowing the ECB to buy bonds and move forward.
The German court said that the amount allocated to the facility must not exceed 190 billion euros, without the consent of the House of Representatives in Parliament, and said that it should remain the People's Assembly and the Shura informed of Belkrarat the Financial Stability Facility.
At the same time, the market sentiment remained supported after the approval of the Constitutional Court in Germany on the country's participation in the bailout fund, and a stability mechanism eurozone Alawrobive.
Rome sold at an auction of government bonds to three Aaum worth 4 billion Ao'rour against average yield of 2.75% down from 4.65% in August and the lowest price since October 2010.
Italy sold bonds maturity of $ 1.5 billion euros of debt for five years by 3.71% and bond auction of the debt owed $ 1.5 billion Aaurero in 2026 increased by 5.32%, this year.
Elsewhere, the euro was steady against the pound with EUR / GBP gaining 0.04% to hit 0.8013.
In other news Thursday, the data revealed that producer prices in the United States rose by a seasonally adjusted 1.7% in August, compared to expectations of 1.1% increase, after rising 0.3% in July.
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