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Davos experts bullish about dollar
Fed plans to keep interest rates near zero and talk of another round of QE dented the dollar on currency markets, but many at Davos think the euro has bigger problems The announcement that the US Federal Reserve plans to keep interest rates ultra-low until the second half of 2014 was the talk of Davos on Thursday morning. News that US monetary policy will remain firmly biased towards boosting growth certainly had the effect of taking attention away from the euro, which had been battered by negative comments from George Soros, Nouriel Roubini and other economists attending the World Economic Forum. Not only will the ... (full story)
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