The U.S. dollaris growing against the Euro and the Japanese Yen, as investors continued to react to the decision of the Federal Reserve System onmonetaryeasing to stimulate the economy.The strength ofthe U.S. economic data will continue to mean a lot for the dollar in the coming weeks. According to these data, investors will judge whether U.S. economic recovery has improved, so the Fed could continue reduction of the stimulus program. Nevertheless, in the next few weeks most of the major economies will provide relatively little data due to the holiday season.
Analyst Andrew Batenski