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FED Watching- Boring!

Following large swings yesterday, and awaiting FED rate decision today, expectation was for a relatively quiet day in currencies. Exception would have been farther deterioration of situation in Europe. And that’s what happened. Standard & Poor’s cut the debt rating of Spain, lowering it from  AA+ to AA with a negative outlook.<a href="http://www.istock tickeranalyst.com/article/viewarticle/articleid/4071015″>[More...]

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