209012 Resource 119232 120646 120646 1216042067197 1216042067197 Controlled US Dollar Benefits in Currency Trading from Statements on Fannie Mae

Greenback in forex trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The US dollar is on the rise in currency trading on the FX market right now, thanks to comments made by </span><a href="http://forexte2.blogspot.com/2008/07/paulson-bernanke-come-to-rescue-of.html" target="_blank" title="US dollar currency trading, Fannie Mae, Freddie Mac, greenback forex trading, forex trading, currency trading, currency trading FX market" style="font-family: verdana,arial,helvetica,sans-serif;">Treasury Secretary Henry Paulson</a><span style="font-family: verdana,arial,helvetica,sans-serif;"> over the weekend.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Paulson offered a statement that the following actions have been authorized, and might be taken, to </span><a href="http://banks.com/blogs/mortgages/2008/07/11/fannie-mae-freddie-mac-bring-stock-market-down/" target="_blank" title="US dollar currency trading, Fannie Mae, Freddie Mac, greenback forex trading, forex trading, currency trading, currency trading FX market" style="font-family: verdana,arial,helvetica,sans-serif;">help shore up Fannie Mae and Freddie Mac</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><ul style="font-family: verdana,arial,helvetica,sans-serif;"><li><font size="2">Government increases line of credit.</font></li><li><font size="2">Fed can make emergency loans.</font></li><li><font size="2">Government may purchase equity in the companies.</font></li></ul><font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">This sends the message that the government is likely to ensure that the two government chartered entities not fail, and this is providing some </span><a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aTX7mOTBwbbw&refer=currency" target="_blank" title="US dollar currency trading, Fannie Mae, Freddie Mac, greenback forex trading, forex trading, currency trading, currency trading FX market" style="font-family: verdana,arial,helvetica,sans-serif;">relief for the US dollar in currency trading, reports Bloomberg</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-style: italic; font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2">``It gives Fannie Mae and Freddie Mac a lease on life,'' said <a onmouseover="function onmouseover(event) { return escape(popwSearchNews(this)); }" href="http://search.bloomberg.com/search?q=Michael+Woolfolk&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Michael Woolfolk</a>, senior currency strategist in New York at Bank of New York Mellon, of the Treasury's and Fed's actions. ``It does provide a temporary reprieve for the dollar.''</font></div> 9 application/xml false currency trading currency trading FX market Fannie Mae forex trading Freddie Mac greenback forex trading US dollar currency trading Treasury moves to keep Fannie Mae afloat http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4322440.ece Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.15) Gecko/20080623 Firefox/2.0.0.15 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web