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The U.S. currency markets traded down of a second straight day on Wednesday over new concerns about the rate of inflation, according to Bloomberg and other news sources.



Speculators Forex has many famous speculators, from the most famous, George Soros, to the infamous, including the collapse of Long-Term Capital Management. The same banks and dealers create markets for forex also trade for profit on individual account or on behalf of patrons. Individuals now play a significant part in this 24-hour area.

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Recent comments from Saint. Louis Fed President Bullard, however, have created some doubt about the Fed's solution to quantitative easing ("QE2"). It may be that some Fed Governors are not completley all about the quantitative easing in which was pushing the markets. So there is a few growing concern that today's Fed minutes release might convey more dissent among Fed members than market has been accounting as. If so, there could be a pickup in selling in the afternoon.

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"If we continue to get really strong economic numbers and bearish inflationary numbers along by using a hawkish Fed, and if you see a tremendous correction overseas, then we will see a correction here," Ryan, Beck & Co's Suskind told MarketWatch.

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