Salient to Investors:
Andrew Wilkinson at Miller Tabak said the Fed shift was a welcomed driver for risk-loving investors, along with the ECB’s bold defense of the euro.
Sebastien Galy at Societe Generale said the expected ECB actions are helping the market to move away from the risk of financing of the U.S. and the peripheral risks in Europe.
Read the full article at http://www.bloomberg.com/news/2012-09-15/dollar-drops-most-in-11-months-as-fed-follows-ecb-with-stimulus.html