FT: No relief in sight for battered currencies

“The US has continued to power ahead and the fall in oil prices should be beneficial at least in the short run for the US economy. If that’s the case the Fed should be able to continue to normalise and the combination can’t be good for commodity currencies again,” says Stephen Jen, head of currency hedge fund SLJ Macro Partners.

Read the original article on the ‘FT’ website.

Posted on the 29/12/2014 at 2:16pm by joana.