The US Dollar is holding firm against the Euro in early Thursday trade after the Federal Reserve gave an upbeat assessment of the economy and remained on course to gradually raise interest rates. As was widely expected, the Fed left interest rates unchanged and remarked that economic growth in the country had been rising strongly. It further noted that the jobs market continued to display strength, while inflation managed to remain near the Central Bank's 2.00% target since its last policy meeting in June. The Fed currently anticipates conducting another two rate hikes before the year ends.
Trump Administration Ups Ante on Trade War
Daily Analysis - 02/08/2018