Forex In 60 Seconds: US Dollar Falls To Fresh Record Low As Fed May Not Be Able To Stop Liquidity Crunch (Video)
· EUR/USD hits fresh record high, carry trades falter as yesterday’s optimism wanes · Thursday’s US retail sales report may bode ill for the greenback, US stock markets
Stories to watch on DailyFX
· The US dollar continues to tumble ahead of next week’s FOMC meeting. What factors will they be looking at? Find out in Watch What the Fed Watches. · Will the Bank of Japan attempt to stop the decline of USD/JPY? Find out more in our special report on FX Intervention. · Will US retail sales push EUR/USD to 1.5600? Find out more in DailyFX Cross Market Reactions.
Tell us what you think about the 60-Second Summary: tbelkas@dailyfx.com
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