Dumping dollars is too late

Foreign Exchange Market Finansy18-09-2007 Dumping dollars already late fall of the dollar may be exacerbated. Today at 22.15 MSK event occurs, which traditionally has the highest impact on the world currency market. It's time to sell dollars? Analysts say it's too late. Today at 22.15 Moscow time the U.S. will sign for all the world markets the event. Chairman of the U.S. Federal Reserve (Fed) Chairman Ben Bernanke will announce the fate of the interest rate the Fed. Traditionally, these applications have made significant adjustments to the auction on the planet. But analysts now look at the situation differently. In fact, the Fed has little depends. Its actions are perceived more as a firefighter action on a large fire. Possible changes in the dollar is likely already reflected in its current course, and the expected outcome of tonight essentially nothing has changed - the queues at the exchangers should not wait. Now the rate is 5.25%. She has not changed about a year, which was preceded by her long and steady growth. Fed rate increase automatically makes loans more expensive, but at the same time deposit rates and yields on government bonds increases. What, in fact, spurring demand for dollars around the world. However for this to pay some deceleration of economic growth and inflation - in fact credited the business becomes more expensive.