DailyFX - Forex Market News: USD Index Looks Higher Ahead Of FOMC Rate Decision, JPY Eyes June Low

DailyFX - Forex Market News Forex Market News

USD Index Looks Higher Ahead Of FOMC Rate Decision, JPY Eyes June Low Jul 30th 2012, 15:20 The greenback bounced back on Monday, with the Dow Jones-FXCM U.S. Dollar Index advancing to a high of 10,058, and the reserve currency may continue to retrace the sharp decline from the previous week as we anticipate the Federal Reserve to maintain its current policy in August.

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