02-22-09, 03:40 PM
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 | Contributing Member | | Join Date: Jan 2008
Posts: 41
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 Week of gloom cues up another wave of risk aversion
It was a mixed week on the currency markets. The greenback strengthened on all fronts when the week got underway as bad news out Asia and Europe increased demand for the US dollar. The final days of trading saw a turn-around as fears that Citigroup and Bank of America were heading for nationalization sparked wide-scale dumping of the US currency. forex wrap and forecast for feb 22-27 continues... |
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