USD: Political decisions in the limelight now |
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Swiss franc: Safe haven Yen continues firm US dollar The financial market crisis remains the dominant theme for now. The rescue package proposed by Treasury Secretary Paulson with a volume of USD 700bn had been euphorically welcomed just two weeks ago. However, when the discussions on the bailout in Congress become drawn out, sentiment on markets dimmed. The temporary low was reached yesterday when the House of Representatives rejected the rescue package. This came as a shock to markets, since
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