From Daily FX

“The U.S. Federal Reserve is widely expected to hold borrowing costs at the record-low in September and is anticipated to maintain its $1.75T asset purchase program to encourage a sustainable recovery, and long-term expectations for higher interest rates may drive demands for the dollar as market participants speculate the central bank to tighten policy in 2010.”

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Tags: eurusd forex pair, Federal Reserve, FOMC, interest rates US Federal Reserve

This entry was posted on Wednesday, September 23rd, 2009 at 10:39 am and is filed under Market News, USD News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.