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US Dollar Down And Out Ahead Of FOMC Decision - What To Expect

Discussion in 'Fundamental Analysis' started by ActionForex.com, Dec 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The US dollar tumbled on Monday as the New York Fed's 'Empire' manufacturing index fell to yet another record low in December of -25.76 from -25.43. Looking at a breakdown of the report, the price components (prices paid, prices received) all declined, supporting the argument that inflation is no longer...

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