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09/09/08 - Daily Forex Market News from cmsfx.com

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Uploaded by on Sep 9, 2008

Greenback Falls as Stocks Fall and Risk Aversion Returns
Tuesday, September 9th, 2008

Risk aversion returned to the forex markets, as US stocks fell in the wake of news Lehman Brothers lost a partner in helping to raise capital. The Yen rose as a result. Data from Australia and the UK were weak, while German trade balance and US pending home sales disappointed forecasts as well.

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