The Dollar Catches its Breath as the Market Looks Ahead to the ECB and BoE Decisions

Published October 8th, 2009 - 01:49 GMT
Al Bawaba
Al Bawaba

There was little fundamental fuel to sustain this the early week rally in risk appetite and dollar plunge; so momentum ground to a halt. However, Thursday's ECB and BoE rate decisions could revive volatility if only for the euro and British pound.
 



Stories To Watch on DailyFX

-               What does October hold in store for the majors? Read the fundamental and technical forecasts for the coming month.
-               Want to find up-to-the-minute news on the currency market? Check out the new DailyFX Forex Stream.
 
Questions? Comments? You can send them to John (jkicklighter@dailyfx.com).