Euro closes at USD 1. 2956 awaiting Fed

(AGI) Rome, Sept. 17 - A stable euro ended the day at USD1.2956 while awaiting the decisions of the Federal Reserve'sboard of directors. Weak data on inflation in the United Stateshas put pressure on the dollar since it is less likely thatinterest rates will rise. The U.S. currency remains at asix-year high against the yen at 107.47. Investors expect theBank of Japan to increasingly relax its monetary policies andthe yen has also fallen to 139.20 against the euro. . .

(AGI) Rome, Sept. 17 - A stable euro ended the day at USD1.2956 while awaiting the decisions of the Federal Reserve'sboard of directors. Weak data on inflation in the United Stateshas put pressure on the dollar since it is less likely thatinterest rates will rise. The U.S. currency remains at asix-year high against the yen at 107.47. Investors expect theBank of Japan to increasingly relax its monetary policies andthe yen has also fallen to 139.20 against the euro. . .