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Forex Market Turns Focus To Global Inflation - Daily 4X Forex Market Turns Focus To Global Inflation Dollar Rallies Ahead of FOMC Meeting China Takes One Step Closer To Revaluation EURUSD With the Fed rate decision right around the corner and oil prices abating for the second consecutive day, the dollar has managed to recover some more of last week’s losses. The markets [...]
Forex Trader: Row looms on yuan Trade row looms on yuan China risks trade frictions with the United States if it does not make a decision on the revaluation of the yuan in the coming months, warned Morgan Stanley chief economist Stephen Roach. The top US economist, who last weekend met Premier Wen Jiabao in Beijing, said that as tensions mount, [...]
FOREX/4X: The dollar surged against the euro on Tuesday The dollar surged against the euro on Tuesday after the Federal Reserve lifted interest rates for the seventh consecutive time and noted that inflation has picked up in recent months. The Fed raised rates by a quarter point, as expected, to 2.75 percent, widening the interest rate differential above the euro zone's minimum bid rate [...]
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