10/7/2008 - the current market sentiment |
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The forex market was very mixed and directionless this week. The Volatility of oil prices was the main market controller in the beginning of this week but Now, the market wariness about next week US financial earning reports of the second quarter is containing the current market sentiment. There can be further write down loses triggering the needs for cutting and increasing the banks capitals in the face of the credit crisis and the sluggish growth and the lost trust of investing. We wait
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