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The Dollar Is Rallying After Fed Announces The End Of QE

Myles Udland

The Federal Reserve just announced that at the end of this month it will conclude its quantitative easing program.

Following this announcement the dollar is rallying against other major currencies.

In afternoon trade the dollar was at highs against the yen, the euro, and the pound.

Meanwhile, US stocks were lower as bond yields were rising.

Here's a chart of the dollar's rally against the yen.

dollar
dollar

FinViz

And the euro and pound both falling against the dollar.

euro
euro

FinViz

pound
pound

FinViz

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