European markets will open to find a broadly weaker dollar after the Fed produced a less hawkish than expected post-FOMC meeting statement and dot-plot. EUR-USD logged a high of 1.1375, well up from yesterday's London closing level at 1.1247. Recent range highs in the 1.1379 to 1.1386 provide next upside focal points. Focus will shift back to Greece with risk of default and Grexit remaining. Today's Eurogroup meeting is unlikely to see an progress.
from RSS Feed http://ift.tt/1RbvQS6
via IFTTT
No comments:
Post a Comment