Daily Forex Trading Commentary: Rate Cut Expectations Put Pressure On The British Pound
Posted on September 25, 2008 at 22:12 PM EDT
EURO The euro came off vis-à-vis the U.S. dollar Thursday as the single currency tested bids around the US$ 1.4585 level and was capped around the $1.4770 level. The markets are quite volatile as traders await the release of details regarding the US$700 billion bailout of troubled U.S. financial institutions. Congressional and governmental … [visit site [...]
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