CNBC Currencies News - Fed Cut Undermines Dollar

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CNBC Currencies News - Fed Cut Undermines Dollar

DTM News	Jan 11 2008, 12:35 AM Post #1
Active Money Maker Group: Members Posts: 132 Dream Points: 100 Experience Points: 50 Joined: 9-December 07 Member No.: 27,648	The expected 50 basis points rate cut will undermine the U.S. dollar, says Rob Rennie, currency strategist at Westpac Bank, speaking to CNBC's Martin Soong. [url="http://www.cnbc.com/id/15840232?video=622064216&play=1&__source=RSStag&par=RSS"] Watch Video [/url]MEDIA:VIDEO Permalink http://www.cnbc.com/id/15840232?video=6220...ag*&par=RSS

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DTM News CNBC Currencies News - Fed Cut Undermines Dollar Jan 11 2008, 12:35 AM

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