US dollar slides at the end of the NY trading session on Lehman failure and as futures price in Fed rate cut on Tuesday. Will they really do it?
· Risk aversion reigns as DJIA plunges over 500 points on Lehman bankruptcy, BofA’s purchase of Merrill· Inflation and rate decisions command the calendar this week - check out the 5 key events for the forex markets this week
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Stories to watch on DailyFX[/B]
· How Will the Lehman Failure Impact the Fed’s Rate Decision?
· See what trade setups are topping the DailyFX Analysts’ lists in the DailyFX Analysts Picks section.
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