Excerpt from: Financial Spread Betting Strategies
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| March 17, 2008 | | Placing spread bets on the currency market | Financial spread betting strategy involving the US dollar should consider that the currency is in a tailspin today. Placing spread bets on the currency market should consider shorting the US dollar on the FX market. Reuters reports on the currency market:
"The dollar is suffering from the dual shock of an economic
slowdown and a financial crisis," said Teis Knuthsen, head of FX
research at Danske Markets in Copenhagen. | | |
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