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Weekly Forex Wrap-up
Month End Video Commentary: http://brewer.acrobat.com/p68124319/ To attend a complimentary webinar covering trend line analysis next week given by Jay go to: http://www.brewerinvestmentgroup.com...narlanding.htm Appetite for Risk to Dictate Short-Term Direction for the U.S. Dollar The weakness in the Dollar this week began when the U.S. became the world’s largest hedge fund after rescuing Citigroup. The Fed and U.S. Treasury essentially caused the United States to become a hedge fund when it ponied up a mere $20 billion to control $306 billion in toxic assets. No one in the world gets this kind of leverage. This news encouraged traders to seek higher yields outside of the United... Full Story
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Submitted Nov 29, 2008 3:16pm
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Nov 30, 2008 1:51am
a Christmas rally? that will be nice but you would need to believe in Santa for that I think