FX Radio: A Disappointing Start To The New Year For The Dollar, NFPs Could Add To The Burden

Published January 3rd, 2008 - 04:43 GMT
Al Bawaba
Al Bawaba


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Key Points

· Dollar hammered by a disappointing ISM Manufacturing reading, fear of a recesion, 50bp rate cut rising (Read more in Daily Fundamentals article).

· GBPUSD unmoved despite the dollar turmoil, raising questions as to the pound's future.

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         John Kicklighter