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246093 Resource 119247 120646 120646 1259159311999 1259159311999 Controlled Fed On Board with Orderly Decline of the U.S. Dollar

Greenback weakens in currency trading

It's open season on the U.S. dollar today in forex trading as <a href="http://blog.gftuk.com/public/item/246088" target="_blank" title="gold, U.S. dollar, greenback currency trading, currency trading, forex trading, dollar forex trading, Kathy Lien, FX360">gold gets ready for another surge</a>, and as stocks get ready for a higher open. Additionally, the fact that the Federal Reserve sees the dollar's decline as orderly and acceptable, it is an indication that dollar strength is not going to be very heavily defended. However, the Fed isn't all rosy on the dollar's weakness. The body is aware of the risks associated with a declining greenback in currency trading, as Kathy Lien reports in<a href="http://www.fx360.com/commentary/kathy/2361/us-dollar-what-the-fed-expects.aspx?aid=5704" target="_blank" title="gold, U.S. dollar, greenback currency trading, currency trading, forex trading, dollar forex trading, Kathy Lien, FX360"> FX360</a>: <blockquote> According to the minutes of the November 4th monetary policy meeting, Fed officials have grown increasingly aware of the risks associated with low interest rates and a weak dollar. Some of the FOMC members noted the possibility of negative side effects that might result from very low interest rates such as excessive risk taking in financial markets or an unanchoring of inflation expectations. Although the likelihood of this happening is “relatively low,” they are telling the markets that they will keep an eye on these risks. </blockquote> The real news that is helping the risk trade today, though, is the fact that the Federal Reserve has revised its economic forecast to paint a happier picture of what's ahead: <img hspace="5" vspace="5" src="http://mirandamarquit.smugmug.com/Other/Blogging/estimates/723571923_zJgP2-M.jpg" /> 9 application/xml false currency trading dollar forex trading forex trading FX360 gold greenback currency trading Kathy Lien U.S. dollar Improve Your Forex Trading Kathy Lien offers 5 ways to improve your forex trading http://forex.gftforex.com/public/item/245920 Economic Data and Currency Trading Currency trading on the FX market http://www.fx360.com/land/?item=calendar&aid=7358 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.1.5) Gecko/20091102 Firefox/3.5.5 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 119247 blog blogsite/GFTForex/web