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Reuters: FOREX-Dollar trades near five-year high vs yen in wake of Fed

“Net-net, the Fed’s announcement yesterday was hawkish, not dovish,” said Stephen Jen, co-founder of London-based investment firm SLJ Macro Partners.

“The dollar should continue to appreciate, and its strength is likely to broaden out over time, as long as the US economy continues to recover,” he said.

Read the original article on the ‘Reuters’ website.

Posted on the 19/12/2013 at 2:23pm by joana.