Wednesday, December 12, 2012

EUR/USD Dec 12 – Steady as Markets Expecting Additional QE

EUR/USD remains steady as the markets await a crucial policy meeting of the Federal Reserve on Wednesday. There is strong speculation that the Fed will announce another round of monetary easing in order to give a boost to the slow economic recovery. The euro has crossed above the 1.30 line, and we could see EUR/USD exhibit some volatility following the Fed Statement. Back
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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