Video

David Woo, head of foreign exchange strategy at Barclays Capital, talks about his expectations for the dollar to lose its recent gains against the euro, today's interest-rate decision by the Federal Reserve and the outlook for the pound. The U.S. currency, which has risen 1.6 percent versus the euro this month, is still down 6.5 percent against the euro this year, and touched $1.6019 on April 22, the lowest level since the European currency debuted in 1999. Woo speaks with Bloomberg's Naga Munchetty.