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US Treasury And Fed Trying To Salvage Freddoe & Fannie

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 14, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Having seen the lows of 1.5971 against euro, USD has firmed on Paulson's announcement of funding plans for Freddie Mac and Fannie Mae. While an advance towards all-time highs at 1.6018 is again within sight, 1.5850 is acting as immediate support level.

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