SearchWeekly Review and Outlook: Dollar Weakened on Recession Fear16th February 2008 Dollar weakened generally last week on intensified worry of recession in the US economy after dovish Bernanke Testimony as well as a string of poor economy data. That was a sharp contrast to the situation down under in Australia with Aussie boosted by strong economic data and a hawkish monetary... This article is courtesy of Action Forex Daily Report: Dollar Steady as TIC Capital Flow awaited | Trade Defict Widens Due To Kiwi Strength | Fed Unlikely to Raise Rates Categories: Forex News |
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