Forex Trading Outlook: 80% Chance The Fed Will Cut Interest Rates On Tuesday
Posted on September 15, 2008 at 11:50 AM EDT
Euro The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4085 level and was capped around the $1.4480 level. Trading was quite volatile as traders reacted to the bankruptcy of U.S. investment banking giant Lehman Brothers (LEH), a 158-year old firm that failed to secure emergency [...]
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