NEW YORK Jan 30 The euro spiked to session highs against the U.S. dollar on Wednesday after the Federal Reserve left monetary policy unchanged with U.S. interest rates near zero and said it will continue its asset purchase program.
In mid-afternoon New York trade, the euro - already higher against the greenback - touched a session high of $1.3587 , a gain of about 0.70 percent.
In its statement, the Fed said it will continue asset purchases if the labor market outlook does not improve substantially.
Trending On Reuters
Next year, Dr. Ketan Desai is slated to head the World Medical Association (WMA), guardian of the Hippocratic Oath. The WMA is standing by him, even as he battles conspiracy allegations in two Indian courts. Desai has been facing allegations that he conspired in 2009 to have the Medical Council recommend that a private medical college be allowed to add more students. Full article