Dollar Revived After Taper Confirmation and GDP
January 30, 2014 at 13:26 PM EST
On Wednesday, following Ben Bernanke's final meeting as chairman, the Federal Reserve announced that it will taper its bond-buying program to $65 billion in February, down from $75 billion in January. Addressing the decision to taper and the disappointing December employment report, the Fed stated; "Labor market indicators were mixed but
