Markets recover ahead of Fed interest rate decision, Fed may announce QE3

Source: Advanced Currency Markets | G10 Advancers and Decliners vs USD JPY 0.49 EUR 0.38 GBP 0.03 CHF -0.13 The Fed may strengthen commitment to record monetary stimulus as soon as today after faltering economic recovery and US credit rating cut saw big declines in equity markets. Investors believe that the Fed may say that the interest rate, balance sheet or both will remain stimulative for a longer period. The Fed holds its interest rate decision meeting today and could discuss introducing a QE3… Read More . . . → Read More: Markets recover ahead of Fed interest rate decision, Fed may announce QE3