· Euro Zone consumer inflation hits a 16-year high - market sees little chance of an ECB rate cut anytime soon.
· Dollar hammered by dour Beige Book, stagnant inflation and falling housing starts.
[B]Stories to watch on DailyFX
[/B][B]·[/B] How will earnings season effect the already battered US Dollar?
[B]·[/B] View our 2008 Second Quarter Currency Forecasts.
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