dollar and euro
Don’t Count on Across-the-Board Dollar Strength from Reduced Fed Asset Purchases
December 12, 2013
The Fed has floated several “tapering” balloons since last spring. The eventuality of lessening quantitative monetary stimulus has been on the table for over seven months, plenty enough to become a fact of investment life. If the dollar were to have benefited sharply or across the board from this possibility, it would surely have happened. […] More