Daily Forex Technical Report - Dollar Firm on Revived Bailout Plan Hope |
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Action Insight Daily Report Dollar Firm on Revived Bailout Plan Hope After a strong rally, dollar remains firm in Asia on news that a sweetened $700b bailout plan will pass Senate votes today and also pass House vote successfully on Thursday. US Senate is set to vote on the modified $700 rescue plan on Wednesday. Changes include raising FDIC insurance from $100k to $250k, which will get more democrat votes, and a two-year extension of tax breaks that will save individuals and corporations
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