Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

FOREX-Dollar extends gains after Fed minutes

Published 02/17/2010, 02:08 PM
Updated 02/17/2010, 02:12 PM

(Updates to after release of Fed minutes)

NEW YORK, Feb 17 (Reuters) - The dollar extended gains against the euro and yen on Wednesday after minutes from the Federal Reserve's January meeting showed members saw a need to begin a program of assets sales in the near future and the economic recovery to continue.

The euro was last down 1.2 percent at $1.3599, compared with $1.3615 before the release. Against the yen, the dollar last traded at 91.14 yen, up 1.2 percent, compared with 90.95 yen earlier. (Reporting by Nick Olivari; Editing by James Dalgleish)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.