In forex. the key event of 2006 was the Federal Open Market Committee (FOMC) ending the series of interest rate increases that started on June 30, 2004. Throughout the year, the anticipation that interest rate increases would end occupied a great deal of trader's attention. Forex traders are looking ahead to 2007 to see what currency pairs deserve our attention and which forex trading strategies may work. There are fundamental clues coming from Asia where GDP growth is the fastest in the world and has become the fundamental pivot point of the world economy.
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