News

Dollar Index Obtains Four-Week High on FOMC Comments

March 14, 2012 at 9:26 AM

• Sterling/Dollar targets at 1.5750 key level ahead of job data 

• Euro weakens aginst both Sterling and Dollar as no positive news appears 

• FOMC's upbeat economic assessment supports dollar-based assets

• Stablised Chinese Yuan could be an alternative currency to pay China

Tags: FOMC Sterling/Dollar job data economic assessment dollar-based assets Chinese Yuan