designer heels in the process

released on Wednesdaysignalled UK interest rates were unlikely to rise from theirrecord low 0.5 percent this year and flagged a greater chance ofthe BoE opting instead for more quantitative easing.
The very idea of the BoE printing more money saw sterlingpromptly fall to $1.6050 , lows not seen since April 1. Italso lost ground against the euro, which rose to a two-week highof 89.53 pence , on track to test its June 8 high of89.76 pence.
"The pound, in the process, has inherited the mantle of'worst currency in Europe'," said Kit Juckes, strategist atSociete Generale.
The Fed, however designer heels , confirmed it was ending its $600 billionbond-buying programme at the end of this month and reiterated itwould continue to reinvest principal payments from its holdings.
It said the U.S. recovery should gradually pick up headinginto 2012, even as it cut its forecasts for economic growth.
Analysts said unless the economic situation deterioratedmarkedly, another round of stimulus from the Fed looked highlyunlikely.
For BNP Paribas analysts designer heels , the Fed's latest rhetoric shouldoffer the dollar a "modicum of support in coming weeks."
"Though the very limited back-up in U.S. Treasury yields inthe wake of the FOMC meeting statement and Bernanke pressconference means this is far from guaranteed designer heels ," they wrote in anote.
"USDJPY at least has found a stronger footing above 80 yen,and amid reports of deep and varied local buy orders justbeneath 80 designer heels , we are more confident that the 79.50 key supportlevel will hold near term."
The dollar last traded at 80.34 yen , pulling up fromWednesday's trough around 79.98.
The dollar also firmed against the euro, which fell to$1.4310 , well off Wednesday's high near $1.4441.Immediate support is seen around $1.4300, the 38.2 percentretracement of the June 16-22 rise.
This saw the dollar index buychristian louboutins Shares of Applied Material, which tracks itsperformance against a basket of major currencies, bounce off aone-week low to last stand at 75.031.
The outlook for the common currency remains tied todevelopments in Greece, with markets now squarely focused on ameeting of European leaders on Thursday and Friday.
They will try to convince Greeks and financial markets thatthey have a workable plan to help Athens avoid a debt defaultand return to financial stability.
The dollar also strengthened against commodity currencieslike the Australian dollar. The Aussie dipped to $1.0553 , down about a cent from Wednesday's high.
Currencies
* Swiss franc benefits from euro zone debt worries
* U.S. dollar under broad pressure, down even on the euro
* Chinese data at 0200 GMT set to drive risk sentiment
By Ian Chua
SYDNEY, June 14 - The safe-haven Swiss franc heldnear a record high against the euro in Asia on Tuesday,benefiting from the ongoing European debt crisis, while thegreenback stayed under pressure as other currencies like theAustralian dollar squeezed higher.
But Monday's price action is likely to be determined byChinese