Bobby’s Corner- Open Market 10.20.2008
Good Morning: Today, Fed Chairman Bernanke will testify before the House Budget committee to discuss the status of the financial crisis. LIBORs this morning are lower, thus adding speculation that calm is beginning to enter into the credit markets. World equity markets rose as higher crude prices helped the energy sector, and world governments continued to pour funds into the financial sector to ease the credit crisis. read more
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Original post by Alan’s Forex Blog - An Adventure In Currency Trading