Dollar Stages Rally After Policymakers Say Bailout Plan Will Pass (Forex Video)

Published September 26th, 2008 - 12:36 GMT
Al Bawaba
Al Bawaba

Dollar rallies 150 points against the euro and 250 points against the British pound as policymakers confirm a resolution on the bailout plan.



 

·          Drop in durable goods orders and new home sales ignored as market awaits financial crisis bailout.
·          German consumer confidence ticks higher, but fundamental outlook discouraging.

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