01/07/09 - Daily Forex Market News from cmsfx.com

Momentum of Last Two Sessions Broken, Stocks Fall and Risk Aversion Back Wednesday, January 7th, 2009 Recap: European stocks fell overnight and a dismal ADP jobs report sunk US stocks, leading to weakness in the Dollar and strength for the Yen. The Pound surged to another big gain against the greenback, while commodity currencies felt the pressure of falling oil prices. News Provided by CMS Forex http://www.cmsfx.com Newscaster: Nick Nasad Open up a free practice account and start trading Forex today.

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YouTube | January 7, 2009

Tags:. .aversion. .adp. .greenback. .dismal. .sunk