Forex Market Update : Epic Research Malaysia

The U.S. dollar surged against its key rivals on Wednesday after the Federal Reserve said it would conclude its bond-buying stimulus program and expressed an optimistic tone about the economy.

The dollar USDJPY, +0.17% was at ¥108.83 up from ¥108.13 just before the Fed decision, and ¥108.16 late Tuesday.

The euro EURUSD, -0.31% was at $1.2642, down sharply from $1.2734.

The WSJ Dollar Index BUXX, +0.23% , a measure of the dollar against a basket of major currencies, was up 0.7% at 77.90. The ICE Dollar index DXY, +0.20% was at 85.979, versus 85.404 in the previous session.

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