UPDATE 2-Show me the money: Dollar funding squeeze eases after Fed facility report
Demand for dollars in the
currency derivative markets spiralled to multi-year highs on
Tuesday before slipping back after Reuters reported that the
Federal Reserve was preparing to take more steps to ease the
logjam in a key shorter-term cash market.
currency derivative markets spiralled to multi-year highs on
Tuesday before slipping back after Reuters reported that the
Federal Reserve was preparing to take more steps to ease the
logjam in a key shorter-term cash market.
Posted by Reuters
