The dollar continued to decline following dovish comments from the US Federal Reserve. St Louis Fed President James Bullard stated yesterday that the central bank should continue with their mortgage related asset purchase programme, as many analysts look for governments to start making clearer their exit strategies.
- The US Dollar index slipped further back in trading
- Be aware that it is Thanksgiving on Thursday
- Existing Home Sales data will give an interesting insight in to the supposed strength of the recovery
- The FT reported that Chicago FED Reserve President Charles Evans expects US unemployment to peak at around 10.5%
Major Economic News
Existing Home Sales