Dollar Reversed as Fed Officials Talk Down Tapering, Sterling Strong
Close-up of a businessman's hand analyzing graph on laptop at workplace
Dollar dropped notably overnight and stays weak in Asian session. Some Fed officials toned down the talk of tapering the asset purchase program, or any monetary stimulus removal. Sterling, on the other hand, is extending this week’s rally, after BoE talked down negative interest rates. The forex markets are mixed elsewhere though, awaiting the next […]
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