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By Chris Becker
Last night saw the Federal Reserve take the QE infinity sword out of the sheath, but it was like limp lettuce to risk markets with only a slight fall in USD as bond yields continued to fall to record lows. Wall Street was down 5% at one point as Congress (remember its the opposite of “progress”) was unable to pass a stimulus package, still held in thrall by corporate overlords wanting bailouts instead of providing assistance to the vast numbers of unemployed coming down the pike…
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