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Forex in 60 Seconds - US Dollar Gains Post-FOMC, Will the BOE, ECB Rate Decision Reverse the Rally?

Wednesday, 06 August 2008 21:25:44 GMT

Written by Terri Belkas, Currency Strategist

 ·          US dollar gained following yesterday's Fed rate decision - why?
 ·          British Pound, Euro face heavy event risk from upcoming rate decision - find out more below.

Stories to watch on DailyFX

·          How will the Bank of England and European Central Bank rate decisions impact the British pound, Euro?
·          What else could move the markets? Find out the top 5 economic events for the forex market this week.

Send any comments or questions to tbelkas@dailyfx.com

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