Market Players: Dollar and Market Committee

market players: The euro was at 1.1051-1051, slightly down from 1.1054-1055, and at 119.41-42, down from 119.61-61. ; The dollar moved around 108.40 in the early morning, as market players viewed the stance of members of the U.S. Federal Reserve's Federal Open Market Committee on the outlook of monetary policy at a two-day policy-setting meeting that ended on Wednesday as hawkish, according to The Japan Times. Pressured by dollar selling by export-oriented companies, the greenback fell to around 108 in the late morning. At 5 p.m., the dollar stood at 108.04-04, down from 108.19-19 at the same time on Wednesday. The U.S. currency then temporarily dropped to around 107.70, due to disappointment over the Bank of Japan's decision to forgo an additional monetary easing step at a two-day policy setting meeting that ended Thursday. An official at a foreign exchange margin trading service firm voiced surprise at some FOMC members' expectation of only one more interest rate cut in 2019. In the afternoon, the dollar fluctuated between 107.90 and 108, with the underside supported by buying on dips. (news.financializer.com). As reported in the news.