NEWS / Foreign Exchange

New bad news for the dollar again

The dollaris again the loser on the market after the Fed cutting of the interest rates.Also the speculations that today??™s reports in U.S. jobs market will send newworse signals for the economy. At the same time the France is agree with theECB politic and the strong Euro will keep Europe by the inflation cause by thehigh oil prices. The World-Signals.com forecast is that the investors are readyto test 1.45, as break above 1.45 will signal 1.50 to the end of 2007. Theexpecting report for U.S. jobs market would not send positive signals and thedollar will leave the consecutive losing week.