Thursday January 20, 2005 - 15:41:07 GMT
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FX Today - www.fxtoday.co.uk
More aggressive Fed?
Fed Governor Poole has again warned that the US central bank will act aggressively to combat inflation. The overall stance from Fed officials does not, however, suggest that the Fed will want to move more aggressively in the very short term and a 0.25% rate hike is the most likely outcome for February. Yield factors will still offer dollar backing.
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