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U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter

This is a syndicated repost published with the permission of NY | Press Releases | Markets & Policy Implementation. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The U.S. monetary authorities did not intervene in the foreign exchange markets during the October—December quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.

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