EUR/USD: Euro remains at the two –month highs

The pair EUR/USD is close to the opening levels at the Forex currency market on Thursday morning, remaining at the two-month highs.

By 9.45 Moscow time the Euro is at 1.3705 against closing session level of 1.3712 yesterday.

On Wednesday night a two-day meeting of the U.S. Federal Reserve was over; the meeting decided to keep current level of the interest rate in the target range of 0-0.25% per annum. The regulator once again confirmed his intention to keep the rate at the low levels “for a long time”; the program of government bond redemption -E2 in the amount of $600 and the term of validity until end of June, 2011 was also left unchanged.

Traders’ attention today will be focused on the Eurozone; at 13.00 Moscow time today, consolidated indexes of consumer and business confidence to Eurozone in January will be released.

In general, the Euro maintains a solid position.

Most likely the pair EUR/USD will be in the range of 1.3600-1.3730 at the trading session on Thursday.

 

 

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