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Flash: The time may soon come for the Fed to taper back QE - DBS Group

FXstreet.com (Barcelona) - DBS Group analysts feel that the time may come soon for the Fed to taper back QE.

However, the add that investors should understand that the rises in home prices (and consumer confidence) are likely to taper off accordingly. They write, “Only real economic growth can keep asset prices rising on a sustainable basis. And real economic growth remains slow. This was the point Bernanke stressed in his testimony before Congress last week. This is why he wants to keep his foot on the gas pedal for now.”

EUR/CHF finds traction near 1.2500 level

The EUR/CHF has managed to find itself entrenched in negative territory during European trading, stubbornly clinging to the 1.2500 level, whilst operating 1.2509/11 presently.
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Flash: EUR standing up well to the dollar – Commerzbank

Hardly anyone expects the ECB to actually implement its threat of negative deposit rates.
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