FXstreet.com (Córdoba) - The euro jumped and hit a fresh 1-week high of 1.3096 versus the dollar as kneejerk reaction to the Fed decision to add $45 bln a month in US Treasuries purchases and continue to buy $40 bln of month of mortgage backed securities.

However, EUR/USD lacked strength to break the 1.3100 psychological level and pulled back slightly as investors await Bernanke speech scheduled for 19:15GMT. At time of writing, EUR/USD is trading at the 1.3080 area, 0.6% above its opening price.