The surprising Fed interest rate cut yesterday has dampen the attractiveness of the greenback across the broad. The single currency could break above 1.40 easily and it is now trading around 1.41. the market was expecting a cut by just .5% and but the cut to just .25% has made a shock as it shows that the economic situation is sever and in a very sack of liquidity. The fed has tried to show that it is to do whatever needed to stimulate growth in spite of its interest cut to nearly a zero right now to inform the market that the fed's role is not over right now.