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These Charts Tell the Story of World Markets in the First Quarter
The biggest story in markets in the first quarter of 2015 has been the launch by the European Central Bank of its QE program and the weakening of the euro against the U.S. dollar. The euro wasn't the only currency making large moves against the U.S. dollar. Over the course of the quarter, the Russian ruble went on a wild ride, weakening significantly and then rallying. That left the ruble pretty much back where it started on Jan. 1. Away from currencies, it was a notable quarter for oil, which has tumbled since the beginning of the year, but whose price collapse has finally begun to slow down. If oil didn't show much ... (full story)