Saturday, January 24, 2015

Weekly Review and Outlook: Dollar Broadly Higher, Boosted by Other Dovish Central Banks

Dollar ended the week as the strongest major currency after another week of dovish central bank driven volatilities. Euro dived to 11 year low against dollar and 7 year low against Sterling as ECB's quantitative easing program far exceeded market expectations. The common currency was additionally weighed down by uncertainties



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