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Forex in 60 Seconds - Dollar Rallies As Inflation Boosts Rate Expections, CPI May Drive Pound And Loonie

Friday, 13 June 2008 22:09:39 GMT

Written by John Kicklighter, Currency Analyst


 ·          Dollar sees strongest rally in three years, but can the greenback sustain the momentum?
 ·          Inflation and retail sales readings promise volatility for the pound, Canadian dollar.

Stories to watch on DailyFX

·          A hawkish Fed and dovish RNBZ leads to a sharp reversal in the carry trade.
·          What can we expect from the G8 meeting this weekend and oil prices over the coming weeks?

We welcome feedback. Send any comments or suggestions to jkicklighter@dailyfx.com.

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