Dollar flattened in rush to wager on Fed rate reversal

The dollar nursed heavy losses in Asia on Thursday after the Federal Reserve stunned markets by abandoning all plans to raise rates this year, a signal its three-year campaign to normalise policy might be at an end. Investors rushed to price in the prospect of rate cuts later this year, while benchm…

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Source: https://www.rawstory.com/2019/03/dollar-flattened-rush-wager-fed-rate-reversal/
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