Thu
13
Mar
After Excessive trading volatility conditions contained the forex market on the news of the fed new temporary program which can solve the liquidity problems of the sub-prime mortgages in compensate of treasury bonds, the market started back to reevaluate the conditions lowering the effect of the package impact pushing the single currency up to a new all times low at 1.5573 and the yen lower than 101 for the first time since 1995. the joint action can give back some stability and trust after
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Thursday, March 13th, 2008 at 5:26 am
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