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

VIDEO: Fed's QE2 plan seen pressuring Dollar

Mike McGinnis 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
MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Corn dips to end a 'horrible' trading week Friday, April 5
MORE FROM MIKE MCGINNIS more +

Corn, soybeans end lower By: Mike McGinnis04/05/2013 @ 10:08am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean markets finished lower, while wheat ...

1Comments Reply

Farm prices to drop Friday By: Mike McGinnis04/05/2013 @ 7:26am DES MOINES, Iowa (Agriculture.com)--The CME Group corn, soybean and wheat markets are poised for a ...

0Comments Reply

Corn, wheat seen trading higher Wednesday By: Mike McGinnis04/03/2013 @ 6:53am DES MOINES, Iowa (Agriculture.com)--The CME Group corn and wheat markets are poised for a higher ...

0Comments Reply
RELATED CONTENT
Ron and Sue Mortensen: Markets take a breather
CBOT corn, soybeans, and wheat open higher
USDA export sales figures sharply lower for corn, wheat, and soybeans
Grains trim early gains, drift lower