FX Radio: Dow Selloff Averts further US Dollar Losses - What Happens Next?

Published January 18th, 2008 - 03:44 GMT
Al Bawaba
Al Bawaba


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Key Points

· Dow Jones Industrials rout softens Dollar selloff on Fed's Bernanke comments, Philly Fed Index

· Carry trade continues to suffer on the 300-point Dow tumble. Is there any relief in sight?

· The Fed will definitely cut interest rates in the months ahead, but what will the Bank of England do? UK Retail Sales may decide

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