Euro/Usd Hits 1.4400! --IFCN Wk 39 -Wed- Equity: $1,031.60 - forex leaning place

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The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Wednesday, 3 September 2008

Euro/Usd Hits 1.4400! --IFCN Wk 39 -Wed- Equity: $1,031.60

Weeks ago when the Euro was still threatening new highs I mentioned that the Euro could easily fall all the way back to 1.4400. I got a few chiding emails at the time, but that's fine. Markets always look great just before they fall, and look awful just before they lift off. The projection of 1.4400 was

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