US Dollar Likely To Pull Back, ECB, BOE Decisions On Tap (Forex Video)

Published September 4th, 2008 - 02:08 GMT
Al Bawaba
Al Bawaba

BOC hikes rates, BOE, ECB expected to leave them steady. Indications are starting to emerge that the US dollar rally could be coming to an end, especially against commodity currencies like the Australian dollar...



·         Canadian dollar gains as the Bank of Canada leaves rates at 3.00%, call rates "appropriately accommodative."
·         BOE, ECB both expected to leave rates steady - will the US dollar finally start to pull back?

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