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United States (IBwire.com - June 24, 2009) FXWells reported the US dollar strengthening versus the euro and yen after the release of the Federal Reserve Open Market Committee policy statement.� The FOMC didn't change interest rates and removed the low inflation warning.

The Fed will analyze the timing and size of securities purchases in view of the changing outlook.� The euro EUR= traded at $1.3963, down from $1.3995 before the statement.� The dollar strengthened at 95.66 yen JPY=EBS on electronic trading platform EBS, versus 95.35 yen before the Fed statement.FXwells - Forex Trading SolutionsIBWIRE Inc - Press Release Distribution

http://www.ibtimes.com/prnews/20090624/forex-trading-dollar-up-after-fed-statement.htm
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