A lengthy clearing cycle by the fed those comments appeared to have disappointed investors action is u. S. President trump was also left disappointed he tweeted quote. What the market wanted to hear from jay powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive recording cycle and quote. The u. S. Dollar strengthened against the yen and the euro on the news of the record well that could be good news for japanese and european exporters its another thing that isnt likely to cheer the u. S. President. Lets get the european take on this from a financial correspondent in frankfurt actually tell us how far is the euro folding 1st of all against the dollar. By the euro point 4 percent making it one percent in the past 2 days but its more about how much did the dollar rise and then i fear the markets were being greedy expecting more rate cuts despite the u. S. Economy solid and to be fair actually paul would hasnt ruled out further cuts if the economy worse