Dollar down, CPI data tomorrow

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The Bank of Korea (home of the world's fourth largest reserves) signals a desire to diversify. UPDATE: Brad Setser has more.

Tomorrow brings the release of the January CPI, so it will probably be a quiet day for the dollar as traders await tomorrow's news. This will give us more of a clue as to which way the Fed might be heading at the next two or three meetings.

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I have added a number of blogs to my blogroll (see those that are in bold) that post on the USD and currencies in general. I have a feeling that we will all be wanting more information about the effects of a falling dollar on us personally over the c... Read More

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This page contains a single entry by William Polley published on February 22, 2005 10:11 AM.

More good news for China was the previous entry in this blog.

25th anniversary of the "Miracle on Ice" is the next entry in this blog.

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