03/17/08 - Dollar and Pound Fall as Credit Market Woes Forc


Monday, March 17th, 2008
The Dollar fell sharply vs the Euro, Yen and Franc after the Sunday open, as it was announced that JP Morgan purchased Bear Stearns at $2 a share and the Fed acted to cut the discount rate by 25 basis points. The Dollar managed to pare some of those losses on Monday.

Author: infiniteforex

Keywords: forex fx metatrader currency

Added: March 20, 2008

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