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FXTimes Video: A Detailed Look at FOMC and Market’s Reaction

posted by Avatar FXTimes 570 days ago in USD, Fundamental, Inflation made popular 570 days ago

The FOMC announced its quantitative easing program – $600 billion in Treasury purchases spread out over 8 months. The news caused a bit of a knee-jerk reaction against the greenback, and should pressure the USD in the medium term. We take a look at the implications of QE2 and a look at the market’s initial reaction.
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