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Forex Daily Commentary

Discussion in 'Technical Analysis' started by ActionForex.com, Mar 19, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The EUR/USD rocketed higher with the Dollar weakening significantly against all major pairs in reaction to the Federal Reserve deciding to inject $300 Billion into quantitative easing. The quantitative easing plan requires massive money printing, increasing the U.S. money supply considerably. The Fed intended to make U.S. exports attractive, and...

    complete article here...

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