Fannie, Freddie Bailout Sparks Dollar Volatility (Forex Video)

Published September 9th, 2008 - 01:20 GMT
Al Bawaba
Al Bawaba

The long expected bailout of Freddie Mac and Fannie Mae sent a shock through the markets; but has this soured the dollar's rally?




·         A surge in volatility doesn't help define direction for the US dollar.
·         What should we expect as traders weigh the consequences of the Freddie/Fannie bailout.

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