Posts published in March 2015

Rally of Euro Doesn’t Convince Analysts

The euro rallied together with other currencies today after the Federal Reserve trimmed its economic forecasts, leading to speculations about a delay for the planned monetary tightening. Still, analysts are not…

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Dollar Tumbles After Fed Drops Phrase ‘Patience’

As was expected, the Federal Reserve dropped the phrase ‘patience’ from its statement, and that should have been a bullish event for the US dollar. Yet in reality the currency tumbled after the announcement. What…

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