03/25/08 - Daily Forex Market News from cmsfx.com

Today's Recap: Dollar Down vs Euro, Pound, Yen as Markets Price in More Rate Cuts by Fed The Dollar was pressured on Tuesday as speculation of a 50 basis point move next month by the Fed was priced into the markets. The greenback declined in value vs the Euro, Pound, and the commodity bloc of currencies to start the week. A rally in carry trade pairs on Monday stalled in today's session. Consumer Confidence fell to a five year low the US, and Home Prices were shown to be down

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YouTube | March 25, 2008

Tags:. .greenback. .yen. .commodity. .stalled. .bloc