| From Emirates247.com: Global markets, including commodities, continue to focus on the implications of the long awaited second round of quantitative easing from the US Federal Reserve. So far the expected introduction of QE2 has hammered the dollar against other currencies raising fears that it could have a destabilising effect on the global economy.
The dollar has lost more than ten per cent in value versus the euro in just one month with only one out of 45 global banks predicting such an aggressive weakening over such a short period of time..............................................Full Article: Source |