Euro broke the 3-month maximum: Reviews of Forex

August 3, the main competitors of the U.S. dollar continued to pressure. Thus, the single European currency failed to show a maximum in the last three months, the value 1.3261, the British pound, in turn, grew to 6-month high of 1.5967, while the Japanese yen and strengthened at all levels up to November last year - 85.65 yen per dollar . This is stated in the analytical report "Forex Club" in Ukraine, the text of which has LigaBusinessInform.
Apparently, optimism in the market, the surge which took place in the beginning of active trading in Europe, was associated with the meeting of the Federal Reserve System (FRS) the USA, which will be held next week. The U.S. central bank will consider options to adjust the existing economic policy in order to accelerate the recovery process. Market participants believe that the Federal Reserve may proceed with the purchase of government bonds in order to further stimulate the economy.
"Obviously, for example, that the euro at a given time due to a greater extent by the fact that economic recovery in Europe is faster than in the U.S." - analysts say.