The Fed will not commit to QE3 this week

As the world awaits the announcement of the German constitutional court regarding the legality of the ESM mechanism, on this side of the Atlantic the focus remains squarely on the Fed as its holds it monthly FOMC meeting which concludes on Thursday. 

 

Boris Schlossberg
Managing Director of FX Strategy  
BK Asset Management
295 Greenwich Street, Suite 281
New York, NY 10007
Direct Number:             1-212-873-4669      
Fax: 1-925-887-4373  

 

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