Wednesday, April 29, 2009

UNITED WOLRD CAPITAL FOMC Threat to the Dollar

The US FOMC outcome is liable to trigger additional dollar volatility on Wednesday. The dollar will be vulnerable to additional selling pressure if the Fed announces additional buying of bonds through the quantitative easing plan. The overall net risks look to be for a slightly weaker dollar running into the.... UWCFX

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[Source: FOMC Threat to the Dollar]

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