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US Session: Dollar Consolidates As Risk Appetite Tempers
10/22/09 by Daily Forex Snapshots
Filed under Forex & Futures
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The morning session kicked off with the Riksbank Rate Announcement where rates were left unchanged at 0.25%, but the accompanying statement struck a distinctly dovish tone with the markets. It reiterated that rates would remain on hold until autumn 2010, and affirmed that a further SEK100bn would be offered to banks, disappointing those who hoped the financial system may have recovered… | ||||||||||||||||||||
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