Forex | Forex | Dollar weakening ahead of the FOMC rate decision… (12/08/2009 16:59:20)

Dollar weakening ahead of the FOMC rate decision…

  So far, the green Federal currency is losing against the majors; the euro and the pound throughout the currencies market, as it is widely forecasted that the benchmark interest rates will remain unchanged having in mind that the FOMC rate decision will be released later on today, whereas traders are waiting patiently on the new economical update of the world's largest economy that will accompany the rate decision.   Consequently, the euro-dollar pair is inclining as the dollar


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