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Forex in 60 Second - Fannie Mae, Freddie Mac Fears Weigh On US Dollar, Risky Assets

Friday, 11 July 2008 21:04:52 GMT

Written by Terri Belkas, Currency Analyst

 ·          Frannie Mae, Freddie Mac concerns weigh on risky assets, including the US dollar and DJIA
 ·          Return to risk aversion makes Fed Chairman Bernanke's testimony next week even more important

Stories to watch on DailyFX

·          Do you follow EM currencies like the Turkish Lira or South African Rand? Check out our new Emerging Market Weekly report
·          Event risk will be heavy next week and kicks off Sunday with New Zealand retail sales

Send any comments or questions to tbelkas@dailyfx.com

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