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Market Wrap Up: Dollar Tumbles as Bernanke Signals Aggressive Rate Cut

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 10, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Bernanke proved to be the biggest market mover today as his dovish comments sent dollar sharply lower in US afternoon. In his prepared speech Financial Markets, the Economic Outlook, and Monetary Policy, Bernanke said that risks to the economy have now become "more pronounced" and "baseline outlook for real activity...

    complete article here...

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