The Dollar Roars! - IFCN Wk 21 -Thu- Equity: $710.05

Lot of great action today!The European currencies reaction to the quarter-point cut in the US Fed funds rate on Wednesday was shortlived! Today the Eur/Usd and Usd/Chf returned to their trending action of yielding to the dollar.Further comments after the rate cut appeared to indicate that the Fed is likely to maintain rates at the new level for the near term.The dollar jumped to its highest