Quantitative Easing Ends, U.S. Dollar Higher

The U.S. dollar is higher across the board today in forex trading on the currency market. It’s the first day without quantitative easing, and the greenback is doing better than many thought it would. 

However, a lot of it probably has to do with low volume. Americans are gearing up for a long weekend, and Europeans are waiting to see what happens at a special finance minister meeting on July 3.

With all of this waiting, it is little surprise that the U.S. dollar is higher — even with stock markets in Europe and the U.S. rallying to start the month of July. 

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