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Dollar Rises And Japanese Surges As Financial Crisis Spreads (Forex Video)

Monday, 06 October 2008 21:10:10 GMT

Written by John Kicklighter, Currency Strategist

As the world's capital markets tumble, the dollar and Japanese yen stand as beacons for safe-haven flows. Will the G7 meeting on Friday or Fed Reserve of New York's discussion for a CDS clearinghouse tomorrow calm fears?

Stories to watch on DailyFX

·          The RBA is expected to deliver a 50bp rate cut tonight. What can we expect from the Australian dollar?
·          See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analyst Picks section.

Send any comments or questions to jkicklighter@dailyfx.com.  

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