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Fed sits tight as ECB signals rate rise... Forex Focus

Discussion in 'Forex Videos' started by Evening Star, Jun 29, 2008.

  1. Evening Star

    Evening Star Contributing Member

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    The dollar lost ground against most of the majors in a week that saw the Fed hold interest rates at 2.00% as expected but signal that there will be no rate rises for some time yet while oil powered to new highs compounding the pressure on the greenback...
    [YOUTUBE]http://www.youtube.com/watch?v=UiHA8KlaiHs[/YOUTUBE]

    Click here for full text and charts

    I am on holiday for a fortnight :smile2:
    The next edition of Forex Focus will be out on July 20th
     
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