The euro fell against the dollar after it was reported that Moody's may downgrade ratings of the largest banks in the world, including the British establishment. Most likely, the announcement will be made after the close of Wall Street. This course will be placed in a large scale to reduce the credit ratings of the leading institutions in the world. The agency has done so for some banks in European countries, including Spain and Italy. All this may increase the cost of debt capital and forcing banks to increase the amount of collateral for loans.

The pressure on the euro also had a weak data on indices of business activity in the industrial sector in Germany and the Eurozone as a whole, which was below forecasts.

The yen weakened to its lowest level against the dollar in nearly a month. The pressure on the Japanese currency had reports of increasing pressure lawmakers in the ruling party in Japan at the Bank of Japan to take additional measures to stimulate the economy.

Contribute to the strengthening of the dollar results of the meeting of the Committee on the Federal Open Market, which were announced last night. Recall that the results of the two day meeting of the Fed rate on funds not changed. At the same time has increased the volume of the program Operational Twist on the $ 267 billion to $ 667 billion at the same time duration of the program extended to the end of 2012. It was also noted that if necessary, additional measures are taken. Since it was not reported anything new about the next round of quantitative easing, to which many had hoped, the demand for the dollar rose.