Forex Education Trading Strategies : Dollar Rebounds from All-time Low

Dollar rose from the all-time low compared with other major currencies Wednesday after the Federal Reserve yesterday reduced the federal funds rate 50 basis points to 4.75%, while the discount rate 50 basis points to 5.25%. Sterling fell against all 16 most actively traded currencies after Bank of England minutes of the last meeting showed Article politicians unanimously held interest rates at 5.75% and suggested inflation risks "probably receded." Jena fell to the new risk appetite. And