Italy Business Confidence came in at 96, above expectations (94.9) in October

FXStreet.com (Barcelona)

Oct 28, 2014

Big Auctions from fed this week

The treasuries are trading flat before the US government sells USD 108 billion of notes this week. The Federal Reserve (Fed) is expected to end its monthly bond purchase program tomorrow while maintaining the dovish outlook on the interest rates.

No further US dollar gains expected in the near-term post-FOMC - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ suggests that the Fed monetary policy meeting on Wednesday shouldn't be a trgiigger for a USD rise in the near-term.