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Major Currencies' Volatility Premium Drops From Four-year High

Story date: 2007-11-27 05:04:00
Added on: 2007-11-27 07:00:26


Bloomberg - The swings in their exchange rates have trailed those of major currencies since September, when the Federal Reserve began cutting its benchmark overnight interest rate. ``As the markets have come to realize that the problems that surfaced ...


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