Forex | Forex | U.S. Forex Market Commentary (03/09/2009 23:39:51)

U.S. Forex Market Commentary

EURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4235 level and was capped around the $1.4345 level.  The common currency failed to sustain gains it made during the Australasian session despite a positive day in U.S. equity markets.  There is a growing sense among central banking policymakers that the worst is behind the global economy but most remain extremely cautious about the prospects of unwinding the massive amount of


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