Beyond the Federal Open Market Committee’s (FOMC) interest rate announcement, further details surrounding the exit strategy may heighten the appeal of the U.S. dollar amid the growing discussion at the central bank to taper the asset-purchase program. As the Fed anticipates a stronger recovery in the second-half of the year, the policy statement accompanying the rate decision may sound less dovish this time around, and the central bank may show a greater willingness to move away from its easing cycle as the economy gets on a more sustainable path. As the EURUSD remains largely capped by the 1.3300 handle, a more ... (full story)