Currencies: The U.S. dollar is getting crushed — here’s why you can thank the Fed

The U.S. dollar fell sharply versus major rivals Thursday, after the Federal Reserve’s reassurance that it won’t be soon tapering its bond purchases gave bears a green light to sell the currency.

The U.S. dollar fell sharply versus major rivals Thursday, after the Federal Reserve’s reassurance that it won’t be soon tapering its bond purchases gave bears a green light to sell the currency.