Euro climbs to six-week high as suspected Japanese intervention pressures Greenback

FXStreet··Read original
3▲1 ▼0Impact / 5
Summary · why it matters

EUR/USD extends its gains on Thursday as the Greenback remains under pressure after the Federal Reserve left interest rates unchanged at 3.50%-3.75% on Wednesday. The euro reached a six-week high amid suspected Japanese intervention that further weighed on the dollar. Traders also digested a busy batch of US economic data following the Fed's decision.

Impact on assets 1

Others▲ · 1 stocks