Dollar Rally Hurt By Rate Outlook And Lehman, Fed Will Decide Direction (Forex Video)

The US dollar ends the week with a potentially market-defining pull back. Will the Fed’s rate decision recharge the greenback or confirm a reversal?

· Lehman may have tripped the dollar up, but growth and rate forecasts will determine the currency’s fate.
· Inflation and rate decisions command the calendar next week. Fed and SNB rate decision along with BoE minutes top event risk. .
Stories to watch on DailyFX[/B]

· How is the financail turbulence affecting risk appetite in the currency? The carry trade is a good barometer.
· See what trade setups are topping the DailyFX Analysts’ lists in the DailyFX Analysts Picks section.
Send any comments or questions to <[email protected]>. [/B]