NEW YORK, November 3 from 3 power the Federal Reserve announced a new round of monetary easing, this impact, the New York trading the U.S. dollar against major currencies lower.
The Fed said it would by the end of June next year to buy 600 billion U.S. dollars before the government long-term bonds, to stimulate the current weak economy, a stimulus larger than most market participants had expected 5,000 billion.
The Fed said it will implement in the next stimulus in the process of periodic review of the rhythm and scale of policy implementation, and according to the economic recovery in time to make corresponding adjustments.
The euro against the dollar immediately after the news released jumped 1.41, but the dollar against the yen remained at 81 or more.
As New York trading day, Yao City, 1 Euro 1.4103 U.S. dollars, higher than the $ 1.4036 the previous trading day; 1 British pound $ 1.6107, down from $ 1.6024 the previous trading day; 1 U.S. dollar 81 .29 yen, higher than the previous trading day's 80.68 yen; 1 U.S. dollar 0.9730 Swiss francs, down from 0.9794 Swiss francs the previous trading day; 1 U.S. dollar 1.0059 Canadian dollars, low- 1.0090 the previous trading day in Canadian dollars.
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