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Dollar Deepens Post-FOMC Losses

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 26, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Dollar deepens post-FOMC losses after weekly jobless claims were unchanged at 384K, above expectations of 380K, pushing the 4-week moving average to 378.25K from 376K, with the continued claims rising to 3.139 mln, highest since February 2004. Markets shrug the final Q1 GDP reading showing no revision at 1.0%. The...

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