fomc.jpg Home Page News Page The Fed Meets Today The US dollar's recovery that began yesterday continues today. The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower. The dollar's slump against the yen ended just above the JPY115.50 level, also a key technical retracement level. The dollar's high today was JPY117.50. The US dollar's recovery that began yesterday continues today. The euro reached the 50% retracement objective of its slide since mid-October (~$1.2565) and now is more than a full cent lower. The dollar's slump against the yen ended just above the JPY115.50 level, also a key technical retracement level. The dollar's high today was JPY117.50. See Also links url: http://www.economywatch.com/features/The-Fed-Meets-Oil-Prices-Plunge-Abe-Wins-and-Greece-is-the-Word.12-15-14.html Title: The Fed Meets, Oil Prices Plunge, Abe Wins and Greece is the Word See Also type: Reference read more