Read full post at forexlive.com
Overnight, Fed’s Dudley to Bloomberg said that:
Job losses beget job losses. Dudley is fearful that the momentum has already started and that will continually weaken the economy.
US stocks are sharply lower with the NASDAQ now down -2.10%. The S&P is down -1.48%.
This article was written by Greg Michalowski at www.forexlive.com.
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