01.24.08 01/22/08 - Daily Forex Market News from cmsfx.com
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forexteamworkinternational.com wrote an interesting post today onHere’s a quick excerpt01/22/08 - Daily Forex Market News from cmsfx.com January 24th, 2008 Fed Acts to Ease Equity Market Panic with Large Emergency Cut With global equities plunging, and similar selling predicted for the open of US markets following MLK day, the Fed acted by cutting rates by 75 basis points. This announcement is an attempt to calm investor sentiments and to keep the economy from falling into recession. News Provided by CMS Forex
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