G10 Advancers and Decliners vs USD
JPY 0.33
CHF -0.06
GBP -0.07
EUR -0.13
The global economic growth story is back in question after the Fed’s slight downward revision to US growth prospects during last night’s FOMC minutes (the Fed cut its central forecast for growth this year to a range of 3-3.5% from a previous 3.2-3.7%) coupled with another negative retail sales figure at -0.5% had investors questioning the strength of the economic recovery. The mood carried into…

Filed under: News

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