The Traderszone Network

Published in TZ Latest News 18 February, 2015 by The TZ Newswire Staff

Fed softness knocks dollar, fails to lift Greece-focused Europe

A softer stance from the Federal Reserves knocked the dollar down on Thursday but failed to lift stock markets in Europe, where the looming deadline for Greece to get a new debt deal kept investors nervous. In contrast, Japan’s shares hit a 15-year high as the minutes from the Fed’s meeting in January showed officials were concerned about hiking interest rates too soon. Investors revised their expectations for the timing of a first Fed hike and the trajectory of rates for the next couple of years.

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