Risk trades with some positive ticks The commodity currencies are finding a bid, led by the Australian dollar. It's back to flat on the day and up 90 pips from the low of 0.6777.
Fed easing off the gas pedal The Fed announced it will ease up on QE next week in Treasuries, taking it to $30B per day from $50B. To put that into perspective, QE3 was $40B per month. These numbers a
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