Dec 10
30

European Market Update

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The recent PBoC interest rate hike last Saturday continued to support Asian currencies, including the JPY. The USD/CNY pair moved to its lowest level on an intraday basis since 1993, after PBoC set the CNY currency at the highest level since the July 2005 revaluation. Some dealers are looking for

Post Title: European Market Update
Author: admin
Posted: 30th December 2010
Filed As: Forex, Fundamental Analysis
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