19.02.2016 - Chaos For Currency Markets
2016 has been a challenging year so far for currency markets. Events ranging from consistently poor global stock market performance to U.S. recessionary fears have applied long-term pressure to global growth, and currency markets have been suffering as a result. The U.S. central bank’s decision in December 2015 to raise interest rates by 0.25% was initially seen as a mark of improvement for its economy. However, rising interest rates pose a problem for borrowers, potentially lowering economic activity...............................................Full Article: Source
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