Excerpt from: Forex Forecast
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| February 29, 2008 | | Currency trading with the US dollar | Currency trading with the US dollar should consider that Fed chair Ben Bernanke is indifferent toward currency dollar weakness on the FX market. Indeed, the US dollar forex trading forecast is likely to continue on the weak side, reports Reuters:
"We're seeing an overall globally weaker dollar on the U.S.
economy and interest rate outlook. Bernanke also kind of
suggested that he tolerates a weaker dollar as he said it was
good the deficit was contracting," Commerzbank FX strategist
Antje Praefcke said. | Topic Tags: Ben Bernanke, currency trading, currency trading US dollar, dollar weakness, forex trading, forex trading forecast, FX makret, US dollar forex trading | |
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