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NY Forex Market Buzz - USD falls on U.S. credit market concerns

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Uploaded by on Jul 16, 2008

Forex TV - The USD is weaker across the board, after earlier hitting record lows vs. the EUR. AUD/USD advanced to new multi-decade highs above the 98 level. Meanwhile, NYMEX crude oil futures tumbled sharply - to an intraday low of $135.92/bbl. Tempus Consulting's Salvaggio with his Fx outlook.

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  • There is no indication of any stabilization in U.S. housing prices, which continue to decline nationally at their fastest pace in the postwar period

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