18/7/2008 - the current market sentiment |
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The greenback could have support from the Oil prices easing lower than 140$ per barrel since last Wednesday which could continue to be traded lower than 130$ a barrel right now supporting the equity market and putting pressure on the Japanese yen across the broad reaching 107 versus the greenback on a risk apatite getting back wave could be underpinned by the market believe in the US joint plan of the US treasury and the Fed for bailing out Freddie Mac and Fannie Mea which has given a boost to
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