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Old 07-16-2008, 06:40 PM
DailyFx's Avatar
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Join Date: Jan 2007
Posts: 9,391
Default Forex in 60 Seconds - Dollar Finds Relief In 17-Year High CPI Numbers

· DOllar sees sharp reversal after 17-year high in consumer inflation.
· Pound hurt by the worst labor data in years, further diminishing wage inflaiton fears.

Stories to watch on DailyFX


· What are the chances of a Fed rate hike this year with Fannie and Freddie countering high inflation?
· Will housing data influence a dollar wrapped up in inflation and financial market concerns?

Send any comments or questions to jkicklighter@dailyfx.com
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