Entries Categorized as 'fed liquidity dollar'

Bailout Plan Fails to Impress, Traders Worried More About Dominoes Effect

Date September 29, 2008

The Congressional agreement of the $700 Billion bailout plan has proved to be anti-climatic for the stock and currency markets. There was a relief rally in the US dollar Sunday evening, but it lasted for no more than a blink of an eye as more problems came knocking on the door for financial institutions. [...]