Foreign Market Watch - Daily information on the world's financial markets (United States, Japan, London, Switzerland, Canada, etc.)
Thu Feb 1 01:04:08 2007 -
Dollar hits south after Fed Review
The dollar dropped on Thursday right after the Fed suggested inflationary pressures would plateau; this would suggest that the U.S. central bank would leave interest rates as is.
The G7 group will meet next week in Germany leading to further softened sentiment for the dollar against other currencies.
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