FX Radio: Fed Cuts by 25bp but US Dollar Rallies, Canadian Dollar to see Further Volatility

Published December 12th, 2007 - 02:45 GMT
Al Bawaba
Al Bawaba


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Key Points

· US dollar rallies on Fed Rate Cut, but Japanese Yen dominates

· FOMC statement hints at further cuts, but Dow Jones loses over 300 points through the close

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