Posted July 22nd, 2009 by forexwatch in category
Forex News
Weakening of the US Dollar
Federal Reserve Chairman Ben S. Bernanke in the congressional testimony announced its plan to print money to buy Treasuries and mortgage bonds. The announcement sparked a worldwide concern. In the Global context, the Dollar will lose its demand. At the domestic front, such an action will accelerate inflation.
Posted January 8th, 2009 by forexwatch in category
Forex NewsThe Interest Rate Cuts will be used as a weapon in combating the recession and inflation. The Fed in US, the BOE and the ECB will reduce their Interest Rates in facing the Global Financial Crisis.
The Fed lowered its target Interest Rate to between zero and 0.25 % last month and pledged to keep the Interest Rate as low as possible.
