Mitsubishi UFJ on the possible reaction of the euro / dollar at the FOMC decision

According to analysts Mitsubishi UFJ Securities, a pair of Euro / dollar traded within a narrow range, as many market participants are not sure of the reaction couple of the positive statements by FOMC for the American economy. There is a chance to strengthen the U.S. currency against the euro, when the Fed announced that the pace of recovery of the U.S. economy exceeds projections - as it was on Friday last week, when good data on the level of employment is not with the agricultural sector have increased the expectations of imminent rate hikes and, consequently, resulted in reduction of euro / dollar. On the other hand, if market participants will focus on attitudes towards risk, the good data on the U.S. economy will support sensitive to the risk of the euro, resulting in the euro / dollar rises. The U.S. economy has an impact on the pace of recovery of world economy - if this factor is more important, increasing the "appetite for risk will lead to an increase in euro / dollar. At this time, a pair of Euro / dollar was at around 1.4161.