FX Week 15 December 2013

FX Week

Fate of QE in the balance

Approaching the final two weeks of the year the markets are still seeking an answer to the one unresolved issue that has dominated sentiment since the middle of it; the tapering of QE by the Fed. This issue will be the central one in FX markets in the coming days as the FOMC meets for the final time this year from Tuesday to Wednesday. Thinning liquidity will also add an element of volatility to the proceedings on top of other traditional seasonal factors.

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