Tuesday, January 28, 2014

Daily Report: Dollar Range Bound ahead of Bernanke's Last FOMC Announcement

Asian markets are generally higher today, following the recovery in US as risk aversion waned. The Turkish central bank more than doubled its interest rates, from 4.5% to 10.0% and triggered a rebound in the lira. The India rupee also strengthened as Indian central bank unexpectedly hiked benchmark interest rate



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