Latest Forex Market Analysis by ForexHound.com

The U.S. Dollar is trading mixed at the midsession following a morning
that featured the most volatile trading of the week. News that the
recession eased in the U.S. was not enough to support the Dollar across
the board this morning. The markets are also reacting to reports that
FDIC reserves are reaching low levels or may be depleted are raising
concerns about banking deposit position. Finally a sharp drop in equity
prices is leading investors to question whether this is the beginning
of another round of aversion to risky assets or an opportunity to buy.

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