Released on: January 10, 2008, 2:52 am

Press Release Author: finexogilad

Industry: Financial

Press Release Summary: The dollar being on the diverse path with fluctuations, since
a long span raised to a certain high yesterday, but still facing competition from
its global peers The latest concerns of today is related to the interest rates
report which is about to out, all investors and market players curiously waiting for
it

Press Release Body: The dollar being on the diverse path with fluctuations, since a
long span raised to a certain high yesterday, but still facing competition from its
global peers The latest concerns of today is related to the interest rates report
which is about to out, all investors and market players curiously waiting for it. So
far the economies like US and UK which have been exposed to the financial credit
crisis, driven the economy to the slow pace. There are possibilities the weakness
will cover the Europe and to some extent the upcoming market. However there are
expectations from the emerging market to boost the economy as contrasted to the
developed economies.

However central banks are expected to decline the interest rates to let sufficient
funds into the market in order to outweigh the possibilities of inflationary risks
and recession in the world's biggest economy. There is wide expectation that the
European central bank will hold constant its interest rates and the European central
banks will have a decline, as decrease in consumers spending can lead the economy to
a sharp slowdown.

As analyzed by www.forexwebtrader.com the yen bounced against dollar on account of
the market speculators who disposed off the dollar before have turned back towards
it again. It was at $1.9554 which was almost nine month low, as against the yen it
was down at 214.66 yen. On the other hand dollar also gains back against the euro
and sterling as the investors or the market players awaited the conclusions of the
European central banks and Bank of England's meeting. The dollar as against sterling
touched a nine months high on the expectations of the decline in interest rates and
looking over the economic outlook of the economy. The possibilities of rates cut
have doubled from previously which can slide us into recession, which could also
drag along with it the Europe's economy.

One of the precious metal gold which has tripled its worth since 2000, went to
another 31% high the previous year, it will gain further against the US as there are
expectations that Federal Reserve with decline in interest rates further to stave
the economy away from the conditions of recession.






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