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Fed drops hydrogen bomb on markets, wounds dollar

Dollar inches down as Fed goes all out, announces unlimited QE and expands purchase universe. Wall Street closes lower, unimpressed by Fed – but set to recover today as Congress moves closer to a deal. In broader FX market, the retreating dollar lifts all other boats

Broadcast on:
24 Mar 2020

Dollar inches down as Fed goes all out, announces unlimited QE and expands purchase universe. Wall Street closes lower, unimpressed by Fed – but set to recover today as Congress moves closer to a deal. In broader FX market, the retreating dollar lifts all other boats