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FX Comment - CMC Markets
Published by DavidWaring
10-30-2008



Default FX Comment - CMC Markets
FX Comment - CMC Markets

Please find below today's forex comment from Gary Thomson, head of sales trading at CMC Markets.

October 30th - there were no surprises from the Fed last night with the widely expected 50 basis point cut in interest rates coming through and this has ensured that the dollar remains under pressure, at least in the short term. As a result, EUR/USD re-took the 1.3000 level overnight and with ...

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