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Wednesday, May 09, 2007

The Dollar is Holding Steady Ahead of the FOMC Report

The Dollar is holding on to its three-week high against the Euro as risk-averse investors are hedging their bets before the Federal Reserve's policy meeting today. The FOMC policy decision is set to hit the wires today at 1:15 PM CST, and many Dollar bulls are hoping to get confirmation about the recent gains. Read More....