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.

[B]Stories to watch on DailyFX[/B]

· 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.
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