29/3/2008 - The Current Market Sentiment |
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It is the same market sentiment which contained the market and provided support to the greenback that there is a close end of the fed's easing cycle which started since the beginning on the sub-prime mortgage bad loan which followed by the credit crisis and loses of the financial market across the broad. The mistrust in the growth performance and the need of liquidity for covering loses and reinforcing the capitals put pressure on the fed to cut the interest rate from 5.25% to
Filed under: Technical
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