Tue, 21 Sep 2010 19:01:00 +0200

Forex: Dollar mostly flat ahead of FOMC

FXstreet.com (Buenos Aires) – As the hour approaches, majors’ volatility has been reduced dramatically, with investors waiting for the US latest FOMC statement; apart from Canadian dollar, that gained momentum and quotes around 1.0300 majors remain ranging in pretty tight ranges.

EUR/USD quotes around 1.3130, holding early gains, while GBP/USD quotes around 1.5545, barely above daily low. USD/CHF is picking up some ground aiming to test 1.0060 session high, while USD/JPY remains stuck around 85.35, current American session opening.