Jul 11, 2013
Flash: Fed view unchanged from before, mid-2014 in focus? – Westpac
The USD was hammered across the board as the FOMC minutes were viewed as a little more dovish than expected, followed by Fed chairman Bernanke’s Q&A session, upsetting the consensus view that the June jobs data reinforced the Fed’s plan to start reducing stimulus from September, notes Sean Callow, a Global FX Strategist at Westpac.
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