Thursday, December 18, 2014

Global Stocks Rocketed On Fed's 'Patience', Sterling Rose On Bright Retail Sales

The Forex market was quite peaceful yesterday after the FOMC statement confirmed Fed will raise interest rate in 2015. Sterling and commodity currencies rebounded against Dollar, while Euro and Yen remained weak. Swiss Central Bank surprisingly cut the interest rate to -0.25% to make Swiss Franc less attractive in the



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