Posts published in October 2014

NZD Sinks After Fed & RBNZ Policy Announcements

The New Zealand dollar, as well as other currencies, dropped against its US counterpart yesterday after the Federal Reserve ended the third round of quantitative easing. The outlook for a period of stable interest rates…

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FOMC Announces End to QE3, Dollar on the Rise

The US dollar jumped against other most-traded currencies today after the Federal Open Market Committee ended the third round of quantitative easing and issued rather hawkish statement after the decision. As was…

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