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DailyFX Forex Radio – US Economic Stimulus Plan Could Keep Dow Rally Going, Was The Fed’s Rate Cut Ill-Advised?
By DailyFX Radio | January 25, 2008
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http://media.dailyfx.com/podcasts/FXRadioAM012508.mp3
Key Points
· Risk seekers return as equities, carry trades gain overnight amidst news that Congress and the White House have come to agreement on a US economic stimulus plan (See the Daily Market Brief for more)
· Weaker-than-expected Canadian CPI opens the door for more rate cuts by the Bank of Canada (See Forex Overnight News for more)
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