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Day: September 16, 2008
September 162008
Dollar Stands Firmly After Record Low TIC Inflow
EUR/USD declined today during the whole trading session as the stock markets were also falling globally. Now U. S. indexes remain in the neutral zone, but the dollar still stands well against the euro, even after some really bad statistics from U.S. A rapid downfall of EUR/USD followed the Feds interest rate decision today and the currency pair now trades near […]
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September 162008
Yen Rises for Second Day on Credit Losses
The Japanese yen rose to the new monthly and yearly maximum against the other major currencies traded on Forex today as the situation with the financial crisis worsened significantly through the weekend and Monday and the traders expect no improvement in the near future. The carry trade counterparts of the yen suffered the most during the last two trading days — both […]
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