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Alert: Interest Rates left unchanged
By Sean Hyman | March 18, 2009
Rates left unchanged at a range of 0% to 0.25%. Fed may buy $300 billion of Long Term Treasuries. EUR/USD spikes up afterwards. Dollar tanks across the board as the “dollar dive” falls off oa cliff seconds after the announcement.
Tags: dollar, economy, EUR, fed, Federal Reserve, forex, interest rates, rate, rate decision, U.S., USD
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