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Forex in 60 Seconds: Why the Fed Will Not Hike Anytime Soon

Tuesday, 24 June 2008 20:29:39 GMT

Written by Terri Belkas, Currency Analyst

 ·          US Dollar down on weak housing, consumer confidence data
 ·          Big event risk on Wednesday from the Fed's rate decision - will they hike anytime soon?

Stories to watch on DailyFX

·          What should you expect from the FOMC rate decision? Find out in our DailyFX FOMC Preview
·          The Fed, ECB, and BOE all sound hawkish - who will hike, and who is just paying lip service? 

Send any comments or questions to tbelkas@dailyfx.com

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