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Daily Currency Report

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The Dow had its worst three day sell off since March 2009

Mon, Jan 25 2010, 10:12 GMT
by John Clarke

ODL Securities  |  View company's profile


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Following the recent move to the upside, traders took some of the profits off the table, helping the US Dollar lower against the Euro and higher yielding currencies. Having gained nearly 2% on the Euro, profits were booked ahead of the FOMC meeting later this week.

Daily Currency


Market News

  • The Dow had its worst three day sell off since March 2009 as the impact of Obama’s proposed overhaul hit the financial sector hard

  • Reports are suggesting that the Fed Reserve Chairman Ben Bernanke was moving closer towards confirming his second term


Major Economic News

TIME MARKET DATA
1500US EXISTING HOME SALES

*Note all time are GMT.


ODL Securities Limited | The Northern & Shell Building 10 Lower Thames Street London EC3R 6AD
http://www.odls.com/ | info@odlsecurities.com


Legal disclaimer and risk disclosure

Derivatives are volatile instruments and in certain circumstances it is possible to lose more than your initial investment. Derivatives are not always suitable for everyone and you should consult your financial adviser before dealing.
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