The pair EUR/USD has decreased amid the risks increase, concerning the "Greek problem" resolution. Athens is still not in a hurry to negotiate with the creditors which may put pressure on the euro. The Germany and the Greece negative bond yields have been decreasing for three trading days which points out to the risk increase. The traders’ attention was focused on the Fed economic forecast as well as on the FOMC chairman press conference. The Fed did not surprise the market and left the saved rate at 0.25%. By the end of the trades the pair increased.
By the end of the day the pair GBP/USD had increased amid the EUR/GBP decrease because of the "Greek factor", the Fed’s decision and the May UK inflation positive data. Yesterday the UK bond yields declined relative to the US and Germany counterparts which is a bearish factor for the pound.
The pair USD/JPY has been in the narrow flat for the third trading day- investors took a wait –and- see position in anticipation of the US Federal Reserve meeting results announcement. The Fed did not change the rate. Against this background, the trades ended with the price decrease.Publication source