Wednesday, June 18, 2014

Daily Report: Dollar Maintains Post FOMC Softness, SNB Next

Investors responded well to FOMC's announcement overnight where Fed reiterated the pledge to keep rates low for a "considerable time". S&P 500 rose 15 pts to close at historical high of 1956.98 while DOW closed higher by 98 pts at 16906.62. Dollar, on the other hand, stayed soft and extended



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