Could the Dollar Fall Even Further?

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Analysts are predicting the dollar will fall even further on the international markets since the Federal Reserve is expected to put more money into the economy to help strengthen it.

The dollar has fallen sharply in value in the last few weeks due to the weak economy.

The prospect of more dollars floating around the system has piled the pressure on the currency itself over the last few weeks. Some investors are now thinking that the market has priced in too much quantitative easing.

Federal Reserve Chairman Ben Bernanke says the central bank needs to act in order to speed up growth and bring down unemployment.

Although Bernanke said the case for another monetary stimulus was growing, he was quiet on the pace and size of any new measures.

However, more Fed action would mean lower U.S. interest rates, and that would make investing in the dollar less attractive to foreign investors.

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