It was strengthening slightly against the euro from 1.262 to 1.254 in the morning. Later in the afternoon the Fed statement triggered the movement and the rate went up to 1.241. However, markets did not change significantly, they are waiting for G7 meeting next weekend and should have been stagnating by that time. For today we expect a small correction of the previous dollar's gains. The rate EUR/USD should stay between 1.243 and 1.253 today.
CSOB, Investment research