Wednesday, July 30, 2014

Dollar Pared Some Gains as Fed Continued Tapering, Sounded Cautious

Dollar pares back some of the GDP inspired gains after FOMC announced to continue to taper the monthly asset purchases as widely expected. DOW once dived to as low as 16817.16 but recovered after the FOMC announcement and is trading near term flat around 16900 area. S&P 500 is indeed



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