Fed keeps their course , USD reacts negatively

The Fed announced today after their meeting that the current course with the purchase of 85 billion dollars will be maintained monthly. The Fed justified its action with continuing low Infaltion in the U.S., which is already for a year under the Fed's target level of 2%. Also, the continued high unemployment rate of 7.6% is considered as a basis for imploring for further action approach.



The USD reacted in the first minutes after the publication initially positive, but has now dropped considerably. the pair EUR / USD is currently trading at 1.3303, an increase of 0.30%. Even the GBP and the JPY could benefit from the message.



