Day: October 25, 2007

New Signs of Recession for U.S. Economy

The closer it is to the October 31st when the FOMC’s meeting on interest rates policy will be held the stronger the dollar bears feel themselves on the Forex market. With almost each day bringing new reasons for the Fed to decrease interest rate again this time the decision became clear now. Initial jobless claims for the last week decreased compared to the previous week report, but still came out worse than […]