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Currencies funds feel strain of US deadlock

Posted on 30 October 2013

Currencies traders do not know which way to turn. This was meant to be the year the dollar would come roaring back against other major currencies, as the US recovery picked up steam and the Federal Reserve began scaling back its vast stimulus programme.
After years of near-zero interest rates in most developed economies, hedge funds were hoping that divergent central bank policies would finally create clear-cut economic trends on which to trade…………………………………….Full Article: Source


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