Dollar resilient as Fed tackles 'tapering' fears

Comments (1)
Bob9999 wrote:

Nothing says the Fed shouldn’t begin tapering when it said it would. The response of the markets is a complex interplay of: on one hand, amateurs and semi-professionals playing with extremely sophisticated and well-informed traders of large blocks of assets; and, on the other hand, the entire market going through a process of reaching a new equilibrium as interest rates rise because the Fed is in the process of removing the mechanism that has kept interest rates artificially low to stimulate the economy.

Jun 27, 2013 12:10pm EDT  --  Report as abuse
 
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/