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US Dollar Weakens after Fed Delivers QE2 - More to Come

posted by Avatar forexben 568 days ago in USD, Technical, Daily made popular 568 days ago

Yesterday, the Fed announced that it intends to buy 600bn in longer-term US Treasury securities by the end of the second quarter 2011, on average 75bn per month. This was not far from market expectations of 500bn over the next six months.
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