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Old 11-19-2007, 02:20 AM
forextrader73 forextrader73 is offline
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Default 19/11:USD weaker as Fed warns on future rate cuts. Rebounding stocks reignite carries

Read today's forex analysis:

USD weaker as Fed warns on future rate cuts. Rebounding stocks reignite carries

"The Japanese Yen (JPY) eased on Friday pairing some of its weekly gains following a rebound in U.S. stock prices, which gave confidence to traders looking to re-build long carry trade positions."

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