U.S. Dollar on the FX Market

213941 Resource 119247 120646 120646 1223397318108 1223397318108 Controlled Fed Rate Cut Expected

U.S. dollar down in currency trading

A <a id="fawy" href="http://www.reuters.com/article/bondsNews/idUST17103420081006" target="_blank" title="Fed rate cut, U.S. dollar, U.S. dollar currency trading, currency trading, FX market, Wall Street bailout, commercial paper" style="font-family: verdana,arial,helvetica,sans-serif;">Fed rate cut is expected in the near future</a>. Whether this cut will come as part of a global effort to increase liquidity, or whether it is something the U.S. does on its own, is yet to be seen. However, even with the recent move to buy "commercial paper" and the $700 billion Wall Street bailout, the credit market isn't moving. And it may be that a lower rate can kick-start the credit market again. But because lower interest rates often accompany a drop on the FX market, it is not really a surprise that the <a id="i1i1" href="http://www.lifewithforex.com/?p=2624" target="_blank" title="Fed rate cut, U.S. dollar, U.S. dollar currency trading, currency trading, FX market, Wall Street bailout, commercial paper" style="font-family: verdana,arial,helvetica,sans-serif;">U.S. dollar is struggling right now in currency trading</a>. 9 application/xml false commercial paper currency trading Fed rate cut FX market U.S. dollar U.S. dollar currency trading Wall Street bailout U.S. Dollar on the FX Market Currency trading with GFT http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.3) Gecko/2008092414 Firefox/3.0.3 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119247 blog blogsite/GFTForex/web