Good Morning:

 

Today, Fed Chairman Bernanke will testify before the House Budget committee to discuss the status of the financial crisis. LIBORs this morning are lower, thus adding speculation that calm is beginning to enter into the credit markets.

  

World equity markets rose as higher crude prices helped the energy sector, and world governments continued to pour funds into the financial sector to ease the credit crisis.

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Author:
admin
Time:
Monday, October 20th, 2008 at 4:14 pm
Category:
FXDD Forex News
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One Response to “Bobby’s Corner- Open Market 10.20.2008”

  1. Bobby’s Corner- Open Market 10.20.2008 Says:

    [...] post by Alan’s Forex Blog – An Adventure In Currency Trading Related PostsForex Trading Forecasts – Three Reasons to Buy USD/CADThe Canadian dollar has been [...]

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