Forex in 60 Seconds - US Dollar Up Ahead of Fed Decision, Will Bernanke Disappoint?

Published August 5th, 2008 - 03:19 GMT
Al Bawaba
Al Bawaba



 ·          US data was broadly bullish today, leading the greenback higher versus the British pound and Japanese yen.
 ·          Central bank meetings abound - RBA meets tonight, Fed meets tomorrow - both are expected to leave rates steady.

Stories to watch on DailyFX

·          How will the Federal Reserve's meeting impact the US dollar on Tuesday?
·          What else could move the markets? Find out the top 5 economic events for the forex market this week.

Send any comments or questions to [email protected]