The Federal reserve chairmen cut rates by .75 percentage points, This sent the futures and forex markets into a frenzy. dollar/yen moved nearly 200 points, and gold shot up nearly 20 dollars. but, is suspected to return to its moving average.
All international markets were down yesterday, European markets were down 200, Asian markets down 750 and US markets down 59 points. Its going to be interesting to see what the markets do after the fed cut.
I'd be careful today, Extreme Volatility....
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