Tuesday: Daily Forex Market Summary
Posted on September 17, 2008 at 16:12 PM EDT
EURO The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4275 level and was supported around the $1.4075 level. The common currency gained ground as traders reacted to the Federal Reserve’s US$ 85 billion bailout of troubled U.S. insurance giant AIG. The Fed assumed 79.9% of [...]
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