The dollar pauses today after hitting a 3-year high against a - TopicsExpress

The dollar pauses today after hitting a 3-year high against a basket of currencies. The dollar index has retraced on profit taking, but this move is likely to be short-lived as FED policy contracts that of ECB, BoJ and BoE according to many analyst and FOMC is ready to start reducing its asset purchases program even as early as September if economic and jobs data continues to improve. Not many other releases today besides a talk by Mario Draghi without any market shaking words crossing the wires

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