Forex Trading Commentary: Fed Keeps Interest Rate Unchanged At 2%
Posted on September 16, 2008 at 20:38 PM EDT
Euro The euro extended recent losses vis-à-vis the U.S. dollar Tuesday as the single currency tested bids around the US$ 1.4115 level and was capped around the $1.4305 level. Technically, today’s intraday low was right around the 23.6% retracement of the move from $1.4910 to $1.3880. The Federal Open Market Committee voted to not [...]
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