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Old 09-25-2008, 06:10 PM
DailyFx's Avatar
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Join Date: Jan 2007
Posts: 10,127
Default Dollar Stages Rally After Policymakers Say Bailout Plan Will Pass (Forex Video)

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.

Stories to watch on DailyFX

· Retail traders position for ranges, but will exogenous event risk lead to breakouts?
· See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analysts Picks section.

Send any comments or questions to jkicklighter@dailyfx.com.
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