Friday, December 12, 2008
US Dollar Declines May Continue as US Retail Sales are Expected to Fall for 5th Straight MonthThe
US dollar was already falling across the majors this morning when the
release of US economic data at 8:30 ET suggested that the Federal
Reserve will indeed cut rates aggressively next week.First, the
US import price index fell by the most since record-keeping began in
1989 at a rate of 6.7 percent... [read more]
posted by fxgenguide,
in forexgen, US Dollar Declines
@ 11:28 PM,
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