Daily Forex Technical Report - Dollar Recovery Lost Steam, Back Under Pressure |
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Action Insight Daily Report Dollar Recovery Lost Steam, Back Under Pressure Dollar weakens again in early European session with GBP/USD taking the lead in breaking this week's high. Markets remains concerned on the status of Paulson's TARP and are uncertain on the impact to the markets even if it's approved. As Bernanke, Paulson and Bush warned, without the rescue plan, there will be tremendous risk of recessions in the US economy but on the other hand, the widened budged deficit is also a
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