FX round-up: Fed nerves pummel dollar
Published on April 27, 2011 by IFX | NEWS · No Comments
The dollar fell close to 2 ½ year lows on Tuesday as traders grew increasingly uneasy that the Federal Reserve will give little indication of the future direction of monetary policy.
The two-day Federal Open Market Committee kicked off on Tuesday and markets are increasingly anxious about the US fiscal policy and interest rate outlook....