Wednesday, January 30, 2008
Daily Forex Updates: Daily Forex Update(Jan 31 2008)
U.S. Dollar Trading (USD) saw the Federal Reserve cut rates by 50 basis points as widely expected as growing fears regarding a US recession remains. As a result the USD was pressured versus a number of majors as the lending rate now sits at 3%, confirming the fasting easing of monetary policy since 1990
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