When the United States Federal Reserve made its latest rate cut, one Forex news service indicated that the overall expectations for the U.S. Dollar were "falling like a rock".
Fears of a recession within the United States might drive the US dollar even lower than it already it is. (In Forex trading, the reality that the dollar falls is not thought of as a negative, provided that the trader leverages the fall when making a trade for higher priced, higher value currencies around the world).
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Tuesday, December 2, 2008
Broker | Financial News
Labels: forex news, forexgen
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