[B]·[/B] EUR/USD hits fresh record high during Asian tradi, carry trades falter (again) as JP Morgan buys Bear Stearns for $2 per share.
[B]·[/B] However, the US dollar staged a recovery and the DJIA ended the day in positive territory - Fed’s rate decision on Tuesday bound to shake things up again.
[B]Stories to watch on DailyFX
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[B]·[/B] What will the Federal Reserve do on Tuesday? Find out in our special report on the FOMC Rate Decision.
[B]·[/B] Furthermore, what will it do to the US dollar? Find out in [Trading the News](javascript:void(0);/1205788670283/).
[B]We love feedback! Tell us what you think about the 60-Second Summary: <[email protected]>[/B]