Fed Confronts Currency Threat That Doomed ECB, Aussie Rate Rises

  • Greenback has strengthened more than 20 percent since 2012
  • Aussie surged 46 percent before RBA increases were unwound

Fed Signals: Too Much Information for Wall Street?

The Federal Reserve’s plans to raise interest rates for the first time in almost a decade are spurring the sort of currency gains that helped force four developed central banks since 2011 to unwind their decisions to tighten policy.

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