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  • Opinions - Not Facts

    This blog consists of contributions from FXCM staff, executives and people that have a relationship with FXCM. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FXCM policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FXCM policy, please contact FXCM through the firm's official website, www.fxcm.com.
  • « USD / CAD - Probe for Weakness | Home | DailyFX Forex Radio - US Dollar Falls Back As Fed’s Beige Book Cites Economic Slowdown - Is A Retrace In Store? »

    Poor Earnings and Lack of Liquidity Drive the Stock Market Lower. Will the Fed Cut?

    By DailyFX Updates | October 17, 2007

    Money Markets Liquidity Remains Tight with Short Term Rates Significantly Higher than the Fed Funds Target. Credit Default Swaps Rise More than 8.5  percent On Concern Over the Future of the Credit Derivatives Market.Retail Sales Upbeat, but Markets Unsure on Consumption Outlook.

     

    Click here to join DailyFX Analysts in discussing the Watch What the Fed Watches latest report.

     

    Read the Report

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    Topics: DailyFX.com Updates |

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