Forex Markets: Learning to Live Without Fed Stimulus - MoneyBeat - WSJ: "“The market has been trying to see what life without central bank stimulus will feel like, and it’s been a pretty crazy process,” said Paul Lambert, head of currency at Insight Investment, the $300 billion asset-management arm of BNY Mellon.
Since May 22, the dollar has fallen by almost 9% against the yen, 6% against the Swiss franc and nearly 4.5% against the British pound. The Mexican peso is off 6.5% from its highs against the dollar last month, with other emerging market currencies seeing big losses as well."
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