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The US dollar remained relatively firm against both the euro and the yen, as the dollar failed to maintain the gains obtained in the wake of the words of the chairman of the Federal Reserve Bank of Atlanta, Dennis Lockhart. The US currency, in fact, strengthened against the Japanese currency as a result of statements made by Lockhart, who said that there is the possibility that the Central Bank of the United States raises interest rates as early as April. "It seems that the market sentiment remains stable," says Takuya Kanda of Gaitame.Com Research Institute. Kanda believes that the recent strengthening of the dollar may push those who have taken a stand than buying yen to reduce their speculations ahead of the Easter holiday, which, in turn, could result in a rise of the dollar against theyen in the short. According to an official of a Japanese bank also operators "have no choice that only buy the Tokyo Exchange ahead of the end of the activities scheduled for March 31," which probably will bring the change USD/JPY around 113. For the expert, however, investors should pay attention to the dollar, as it is possible that the cross back on 110 if operators that have speculative positions were to decide to go back to selling US dollars. As for the EUR/USD, finally, the cross fell, albeit slightly, in the wake of the comments of the president of the Federal Reserve Bank of Atlanta, Dennis Lockhart. Words that have temporarily strengthened the dollar and, consequently, also pushed down the EUR/USD.
