The dollar got its first “snack” of volatility with the just-released revision to Q3 GDP in the world’s largest economy. The report came out far better than expected, with Q3 growth revised up to 3.9% annualized
In December of last year, the Fed announced intentions to begin tapering its monthly bond purchasing program, with the hope of ending Quantitative Easing (QE) altogether by late fall of 2014. We initially saw the long end of the Treasury curve moving lower
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for the sixth time in eight days, after economists predicted the Federal Reserve will reduce stimulus in September as European data added to signs that the global economy is strengthening.