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DailyFX Forex Radio - Dollar Losses May Consolidate Today As Emergency Rate Cut Rumors Lead EUR/USD Above 1.4820
By DailyFX Radio | January 14, 2008
· The US Dollar started out the week on a dour note on emergency rate cut rumors (See the Daily Market Brief for more on this.)
· While EUR/USD may consolidate gains in the 1.4820 - 1.49 area, Tuesday presents major event risk for the US Dollar. (See Cross Market Reactions for more).
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