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Some, but not all negatives spooking the market can vanish. The impact of foreign recessions on the U.S. is the big uncertainty. The DJIA headed for 12,300 - 12,400.

In the equities market, fundamental analysis looks to measure a company's true value and to base investments upon this type of calculation. To some extent, the same is done in the retail forex market, where forex fundamental traders evaluate currencies, and their countries, like companies and use economic announcements to gain an idea of the currency's true value.

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