Wednesday, October 29, 2014

Dollar Surges as FOMC Ends Quantitative Easing



- US Dollar surges across the board as the Federal Reserve ends Quantitative Easing


- More importantly, officials struck a relatively positive tone on future monetary policy


- The Greenback could continue higher through near-term trading


The US Federal Reserve ended its Quantitative Easing program and struck a fairly positive tone on future policy. Here’s how we covered the Dollar reaction in realtime.


— Written by David Rodriguez, Quantitative Strategist for DailyFX.com


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Dollar Surges as FOMC Ends Quantitative Easing

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