ForeX

Movers and Shakers (June 23 – June 27, 2008)
US Dollar Extends Losses After FOMC Meeting
The FOMC’s decision to hold rates came as no surprise. In the statement, the committee mentioned a lessened downside risk to growth, but an increased upside risk to inflation. However the statement did not implicate any policy outlook for the [...]

June 10 — The dollar rose to a three-month high against the yen after Federal Reserve Chairman Ben S. Bernanke said the risks of a “substantial downturn” in U.S. economic growth have diminished.
The U.S. currency gained for a second day against the euro after Bernanke also said the central bank will resist a jump [...]