On Tuesday, March 18 2008, the U.S. Dollar strengthened against major currencies after the new of better than expected quality results from two large U.S. investment banking firms, Goldman Sachs and Lehman Brothers and the 75 basis points Federal Fund interest rate cut, from 3.00 to 2.25, by the Federal Reserve Bank. These results helped to ease investors’ concerns about the liquidity crisis, as investors had speculated that Lehman Brothers is a potential victim of the liquidity crunch.