Euro opens below 1. 29 dollars after Fed meeting

(AGI) Rome, Sept 18 - The euro opened below 1.29 dollars onThursday after the conclusion of the U.S. Federal Open MarketCommittee meeting on Wednesday. The European single currencytraded at 1.2864 dollars, after touching a 14-month low of1.2834 dollars. The euro-to-yen rate was 140.01 anddollar-to-yen 108.78, after hitting 108.86, its highest levelsince September 2008. The U.S. Federal Reserve confirmed thatrates will remain low for an extended period although it warnedthat the road towards raising rates has begun. (AGI) . .

(AGI) Rome, Sept 18 - The euro opened below 1.29 dollars onThursday after the conclusion of the U.S. Federal Open MarketCommittee meeting on Wednesday. The European single currencytraded at 1.2864 dollars, after touching a 14-month low of1.2834 dollars. The euro-to-yen rate was 140.01 anddollar-to-yen 108.78, after hitting 108.86, its highest levelsince September 2008. The U.S. Federal Reserve confirmed thatrates will remain low for an extended period although it warnedthat the road towards raising rates has begun. (AGI) . .