Home / Markets / Markets Analysis / Corn market / VIDEO: Fed's QE2 plan seen pressuring Dollar

VIDEO: Fed's QE2 plan seen pressuring Dollar

11/03/2010 @ 8:24am

CHICAGO, Illinois (Agriculture.com)--As the Federal Reserve prepares to announce Wednesday its plan to print more money for the U.S. economy, the stimulus plan is seen pressuring the Dollar. 

Phil Flynn, PFGBest.com financial analyst, tells Agriculture.com that the Fed's quantitative easing plan, known as QE2, could keep the U.S. Dollar in a downward spiraling position, pushing up commodity prices. 

Flynn appeared as a guest this week on the Marketeye Report in Chicago. 

Marketeye: Phil Flynn on the dollarMike McGinnis discusses movement of the dollar with Phil Flynn from PFGBEST.com

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Close 18¢ Lower By: 10/30/2014 @ 8:47am DES MOINES, Iowa (Agriculture.com)—The CME Group farm markets close lower Thursday.At the close…

Corn, Wheat to Trade Higher Thursday By: 10/30/2014 @ 7:44am On Thursday, the CME Group's corn, soybean, and wheat markets are expected to start…

Soybeans Close 35¢ Higher Wednesday By: 10/29/2014 @ 9:12am DES MOINES, Iowa (Agriculture.com)—On Wednesday, the CME Group soybean complex ended on a sharp…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Looking Out for Soybean Cyst Nematodes