Connect with us
Ahead of next week's meeting of the U.S. Federal Reserve, investors grew concerned about the status of the Fed's stimulus program, as well as a possible announcement of Chairman Ben Bernanke's successor. This led both the euro and yen to gain ground on the dollar.

archive

Euro Beats Dollar ahead of Fed Meeting

Ahead of next week’s meeting of the U.S. Federal Reserve, investors grew concerned about the status of the Fed’s stimulus program, as well as a possible announcement of Chairman Ben Bernanke’s successor. This led both the euro and yen to gain ground on the dollar.

Euro Beats Dollar ahead of Fed Meeting (Reuters)

Ahead of next week’s meeting of the U.S. Federal Reserve, investors grew concerned about the status of the Fed’s stimulus program, as well as a possible announcement of Chairman Ben Bernanke’s successor. This led both the euro and yen to gain ground on the dollar. “The market is definitely less concerned about tapering. The tapering is not being viewed as negatively as it was in the recent past,” said Alvise Marino, currency strategist at Credit Suisse in New York.

Written By

Advertisement
Advertisement

TRENDING NOW:

archive

Euro Beats Dollar ahead of Fed Meeting

Euro Beats Dollar ahead of Fed Meeting (Reuters)

Ahead of next week’s meeting of the U.S. Federal Reserve, investors grew concerned about the status of the Fed’s stimulus program, as well as a possible announcement of Chairman Ben Bernanke’s successor. This led both the euro and yen to gain ground on the dollar. “The market is definitely less concerned about tapering. The tapering is not being viewed as negatively as it was in the recent past,” said Alvise Marino, currency strategist at Credit Suisse in New York.

TRENDING NOW:

THE TRUTH ABOUT GLOBAL WARMING: REAL THREAT OR HYSTERIA?

archive

Dystopia Alert: A Decimating National Debt

archive

Guest Columnist: Why We Must Have a Border Wall

archive

Rising Social Agenda Brings Luster to Qualified Dividends

archive

Connect