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This asia forex forum 2010 EUR-USD drop better than 200 points to 1. US Dollar rallies after Fed signals extra hike and strong retail sales. GB Pound firms after retail sales jump again. Canadian Dollar weakens on trade concerns.
China holds fire on rates, posts worryingly weak activity growth. A few years ago, when core inflation was running at the 1. DEflation, did the Fed panic and return to quantitative easing? The dollar has traded mostly lower, more than correcting gains seen in the wake of the Fed’s rate hike and hawkish-tilting guidance yesterday.