European Session: All Eyes on the FOMC





G10 Advancers and Decliners vs USD
GBP 0.59
EUR 0.51
CHF 0.49
JPY -0.45
The USD has been slowly falling in the Asian session as risk appetite increases and equities rally. EURUSD traded higher to 1.4770 from 1.4660 while USDJPY climbed to 90.90 from 90.20. Risk correlated trades generally received a boost from Berkshire Hathaway agreeing to buy railroad Burlington Northern Santa Fe Corp and News Tuesday that the Reserve Bank of India bought 200 metric tons of gold…

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Dollar Breakout?
Read more on Federal Reserve at Wikinvest

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