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FX Levels for November 11, 2008
Published by DavidWaring
11-11-2008



Default FX Levels for November 11, 2008
FX Levels for November 11, 2008

Overview

The USD continued its overnight strength in Asian trade today as markets
again get nervy about a global slowdown and not being able to borrow
money anymore.

Yesterday's news of a Chinese stimulus package and AIG's new bailout
were quickly forgotten as the outlook for US firms became further dismal
overnight with talk of layoffs, write-offs and bankruptcies. ...

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