ACM - It remains to be seen whether the Federal Reserve's attempt to increase liquidity in the market will have any effect on investor sentiment. The market awaits the FOMC rate decision which is now broadly expected to be a 100bp cut, revised from 75bp. The dollar has been relatively stable within the past 24 hours. EURUSD trades now at 1.5790, down from its 1.5904 high early Monday morning.
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