DailyFX - Forex Market News: USD Threatens Major Trend Ahead Of FOMC, NFPs – JPY Reversal On Tap

DailyFX - Forex Market News Forex Market News

USD Threatens Major Trend Ahead Of FOMC, NFPs – JPY Reversal On Tap Jul 27th 2012, 14:45 The greenback continued to lose ground on Friday, with the Dow Jones-FXCM U.S. Dollar Index slipping to a fresh monthly low of 10,014, but we may see the reserve currency regain its footing in the week ahead as the Fed gradually moves away from its easing cycle.

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