Arab Today, arab today euro higher against dollar investors wait for fed
Last Updated : GMT 11:36:05
Arab Today, arab today
Arab Today, arab today

Euro higher against dollar; investors wait for fed

Arab Today, arab today

Arab Today, arab today Euro higher against dollar; investors wait for fed

New York - SPA

The euro is slightly higher against the dollar as investors await a statement from the Federal Reserve, AP reported. The Fed gave its latest economic outlook later Wednesday. In a news conference, Chairman Ben Bernanke held said the Fed may announce additional steps to help the U.S. economy. The euro is trading at $1.3037, up from $1.3003 late Tuesday. In other currency trades, the British pound is essentially flat against the dollar at $1.6114. The dollar is slipping against the Swiss franc. It\'s also down slightly against the Canadian dollar but up against the Japanese yen.

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