The USD Advances

The USD is now largely demanded amid signals of higher economic growth ahead of the latest meeting of the Federal Reserve.

Currently, the Euro versus the USD trades at 1.1004, which is just a loss of $0.00179 or 0.16% from the previous close of $1.10221.

The daily range is from $1.1001 to 1.1027, while the trading volume is 27.107K. Furthermore, there are additional signals that good shape of the U.S. economy is evident.

In addition, the U.S. consumer confidence impressed yesterday, rising to its highest level since August.

This takes place just ahead of today’s meeting of the Federal Reserve. In reality, Fed is expected not going to strike a dovish tone taking into account that the unemployment data extends the rising trend.

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