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FX Radio: US Dollar Drops as Fed Discount Rate Cut Gives Equity, Carry Traders Hope

Friday, 17 August 2007 22:53:15 GMT

Written by David Rodriguez and Terri Belkas, Currency Analysts

Click Link to Listen to our Evening DailyFX Radio PodCast:

http://media.dailyfx.com/podcasts/FXRadioPM081707.mp3

Key Points

· Fed Bails out Stocks with Rate Cuts, Dollar May Continue Tumble 

· Traders now look forward to Critical Canadian CPI Report

· Be sure to view the rest of the week's event risk on the DailyFX Forex Calendar

To discuss these or any other FX topics with the DailyFX analysts, check out the Forum

     
David Rodriguez         Terri Belkas

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