Dollar Rebounds Despite Soft Fed Statement

US equities faced some profit taking after the announcement of the Fed policy decision and this triggered a USD re-bound, too. However, as the Fed reaffirms its commitment to keep interest rates low for an extended period, the global picture remains USD-negative. Sterling showed a brief rebound after the publication…

more from source

Leave a Reply

Links

Calendar

    September 2010
    M T W T F S S
    « Jan    
     12345
    6789101112
    13141516171819
    20212223242526
    27282930  

Tags