Forex in 60 Seconds: US Dollar Tumbles Despite Strong US GDP, Housing Numbers - Why?

Published June 27th, 2008 - 01:09 GMT
Al Bawaba
Al Bawaba



 ·          US dollar down despite US GDP revision, strong housing data
 ·          Risk aversion is back as DJIA falls more than 3%, Treasuries gain, Japanese yen crosses plummet

Stories to watch on DailyFX

·          The US dollar has fallen significantly - will the bear trend continue?
·          The Fed, ECB, and BOE all sound hawkish - who will hike, and who is just paying lip service? 

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