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Old 06-25-08, 06:11 PM
cmsforex cmsforex is offline
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Euro Dollar Falls After Fed Less Hawkish on Inflation, No Signs of Hike In Near Term

Dollar Falls After Fed Less Hawkish on Inflation, No Signs of Hike In Near Term

For today's video,

Recap: The Dollar declined against the Euro and Yen after the FOMC held rates at 2% and gave no signal of a near-term rate hike. It is now at a 12-session low. New home sales declined in the US while orders for durable goods were flat showing sings the economy is still weak.

Topics Covered:
JPN Trade Surplus Shrinks, but Better Than Expected
JPN Corporate Service Price Index Climbs 0.6% Year-on-Year
EUR Industrial New Orders Climb 2.5%
EUR/JPY - Euro Breaks Above Recent Resistance vs Yen, Record High in Sight
US Durable Goods Orders is Flat in April, Core Orders Fall -0.9%
US New Home Sales Decline 2.5%
US FOMC Shifts Focus to Inflation, But When Will Rate Hike Come?
USD/JPY - Dollar Rally Stalls Following FOMC Interest Rate Announcement
EUR/USD - Euro Jumps to New 3 Week High Following Fed Decision
GBP/USD - Pound Regains Earlier Losses Following FOMC
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