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Dollar Index Reaches 81-Area Resistance

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 20, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The dollar pared overnight gains after tame US consumer-price inflation data on Friday. The lower-than-expected CPI calmed worries that the Federal Reserve is going to raise its federal funds rate after yesterday's discount rate announcement. Still, the Fed's normalization of lending means that quantitative easing is winding down and the...

    complete article here...

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