Monetary policy released yesterday by FOMC, the US central bank unlikely to rise before June due to growing concern and limited ability to counter the economic slowdown.
The recent global economic and financial developments have been hampering the US economy.
On this event market reacted negative.
*Dollar is likely to remain pressurized as Fed minutes shows caution over world economy.
*Dollar hit 17 month low against Japanese Yen.
More will update soon!!
