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Dollar Falls After Fed Less Hawkish on Inflation, No Signs of Hike In Near Term

Discussion in 'Forex Videos' started by cmsforex, Jun 25, 2008.

  1. cmsforex

    cmsforex Contributing Member

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    Dollar Falls After Fed Less Hawkish on Inflation, No Signs of Hike In Near Term

    For today's video,

    Recap: The Dollar declined against the Euro and Yen after the FOMC held rates at 2% and gave no signal of a near-term rate hike. It is now at a 12-session low. New home sales declined in the US while orders for durable goods were flat showing sings the economy is still weak.

    Topics Covered:
    JPN Trade Surplus Shrinks, but Better Than Expected
    JPN Corporate Service Price Index Climbs 0.6% Year-on-Year
    EUR Industrial New Orders Climb 2.5%
    EUR/JPY - Euro Breaks Above Recent Resistance vs Yen, Record High in Sight
    US Durable Goods Orders is Flat in April, Core Orders Fall -0.9%
    US New Home Sales Decline 2.5%
    US FOMC Shifts Focus to Inflation, But When Will Rate Hike Come?
    USD/JPY - Dollar Rally Stalls Following FOMC Interest Rate Announcement
    EUR/USD - Euro Jumps to New 3 Week High Following Fed Decision
    GBP/USD - Pound Regains Earlier Losses Following FOMC
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