Currency volatility increases after Fed's Chair announcement

Source: Bloomberg
© scanpix/RS
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 to the February 11 peak, the highest since 2004.
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