DCHF - Fed Lifts Dollar

• The US dollar rallied after the Federal Reserve signaled that a majority are inclined to reduce the pace of bond purchases this year, even though the short-end interest rate markets took it in stride.
• The euro flirted with $1.17 yesterday but convincingly broke it in Asia earlier today, falling to almost $1.1665 before stabilizing in the European morning.
• Falling oil prices and a continued retreat in equities have sent the Canadian dollar sharply lower.

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