Today in the beginning of the Asian trading session the U.S. currency cut out previous gains as speculations suggested that in the United Stated, interest rates will be maintained at record lows for an extended period of time, with this it is indicated that in order to surpass the recession, the economy will need further stimulus.
Interest rates in the United States will remain low
Officials of the Federal Reserve are likely to state today that interest rates in the United States will remain low for an undetermined amount of time, according to speculations, this will cause the dollar to lose against most of the 16 major currencies.
