Audio: Currencies up against buck, stocks struggle despite stimulus
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A look at today’s markets
Recent efforts at the
Federal Reserve have alleviated funding demand for the US Dollar and as a
consequence, we are seeing broad based profit taking on Dollar longs. Jerome
Powell shed more light on the Fed’s commitment of unlimited QE, while over in
Europe, the ECB kicked off its new emergency bond buying plan.
Recent efforts at the
Federal Reserve have alleviated funding demand for the US Dollar and as a
consequence, we are seeing broad based profit taking on Dollar longs. Jerome
Powell shed more light on the Fed’s commitment of unlimited QE, while over in
Europe, the ECB kicked off its new emergency bond buying plan.