Volatility and risk sentiment remain high as dollar traders await a resolution on US plans to stabilize the financial markets.
· The second day of testimony yields more problems for the $700 billion bailout plan. · German IFO reminds the market that economic activity is sinking fast in the Euro Zone.
Stories to watch on DailyFX
· With the growth outlook fading and financial stability not yet confirmed, Fed rate expectations are adding another weight to the US dollar. · See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analysts Picks section. Send any comments or questions to jkicklighter@dailyfx.com.