DislikedIf you keep trading on yesterday's news, you will never make a profit. Please take a look at the recent comments by FOMC members, with Kocherlakota the latest to join the fray today. The statements have been uniformly hawkish, with some (Kocherlakota) even indicating that a rate hike of 75bps might be needed before the end of 2011. The dollar has fallen consistently over the last 9 months because of QE2. I don't see any reason why it shouldn't rise consistently because of the end of QE2 and a more hawkish monetary policy from the US. Add to it a...Ignored
I'm watching this currency so closely I'm using windows magnifier