Another round of printed money may be launched…

February 8, 2012 5:35 PM GMT

Just recently the world's leading economy is fully aware that in case the economy loses momentum or that prices pressures; inflation, remains well subdued below 2 percent the Federal Reserve will than most probably need to launch another round of asset purchases with printed money that is known as "quantitative easing" to accordingly boost the economy health.

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EUR/USD's decline extended further as expected as reached as low as 1.2496. The break of 1.2625 confirmed resumption of whole fall from 1.4939. Initial bias remains on the downside this week.

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