Thu, 26 Feb 2015 09:55:07 GMT
Currency volatility increases after Fed's Chair announcement
Currency volatility head for its sharpest weekly slide since 2010, as Federal Reserve Chair Janet Yellen announced on Wednesday, that the central bank is not going to raise rates in the near future. The Bloomberg Dollar Spot index, a currency gauge against 10 major peers, was slightly changed at 1,163.49 from 1,163.13 level. Meanwhile, before Yellen's speech, the gauge rose