Forex Trading Commentary: Fed And US Government Take Steps To Shore Up Sagging Financial System
Posted on September 19, 2008 at 10:00 AM EDT
EURO The euro depreciated vis-à-vis the U.S. dollar Friday as the single currency tested bids around the US$ 1.4150 level and was capped around the $1.4350 level. The common currency clawed its way higher early in the North American session as traders reacted to unprecedented moves by the Federal Reserve and U.S. government to shore up [...]
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