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¢ Higher By: 07/23/2014 @ 8:38am DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished stronger, leading the way…

Soybean Prices to Tick Higher Wednesday By: 07/23/2014 @ 7:41am On Wednesday, the CME Group's corn, soybean, and wheat markets are expected to start mostly…

Soybeans Close 13¢ Lower By: 07/22/2014 @ 9:17am DES MOINES, Iowa (Agriculture.com)--After starting higher, the CME Group corn, soybean and wheat…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Soybeans Rally on Demand, Weather