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Why The US Dollar Will Fall Further?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 30, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The Federal Reserve cut interest rates by 50bp to 3.00 percent. In a little more than one week, the US central bank has lowered interest rates by 125bp, turning the US dollar into a de facto carry trade funding currency. The greenback now yields 100bp less than the Euro and...

    complete article here...

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