SearchMid-Day Report: Yen Retreats Sharply after Fed Steps in with 50bps Discount Rate Cut17th August 2007 Fed stepped in before US open to restore "orderly conditions" in financial markets. Unexpectedly, Fed reduced the discount rate, the...  This article is courtesy of EffectiveFX British Pound / US Dollar Technical Levels | US Dollar /Swiss Franc Technical Levels | Aussie Aims at 0.8500; Investors Sentiments Dampened by the Dow 
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