Spreadex Market Update
Markets continued to push forward
In addition, the few traders left in the markets today will be all hands on deck during the FOMC statement due for release later. It seems the markets and, particularly the dollar going on its strength today, are bracing for speculation that the Federal Reserve will further indicate a preference for the slowdown of its asset purchases. Thus, the long-standing debate as to whether equity traders have enough confidence to continue to buy stocks in the context of a withdrawal of stimulus aid, could finally be answered later today.
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